Cherry Tree Wealth Management LLC Has $301,000 Position in VanEck Short Muni ETF (BATS:SMB)

Cherry Tree Wealth Management LLC lessened its holdings in VanEck Short Muni ETF (BATS:SMB) by 27.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,618 shares of the company’s stock after selling 6,636 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in VanEck Short Muni ETF were worth $301,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of VanEck Short Muni ETF by 4.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 29,148 shares of the company’s stock valued at $498,000 after acquiring an additional 1,148 shares during the last quarter. Raymond James & Associates grew its position in shares of VanEck Short Muni ETF by 5.0% in the 3rd quarter. Raymond James & Associates now owns 29,950 shares of the company’s stock valued at $500,000 after buying an additional 1,414 shares during the last quarter. Private Trust Co. NA grew its position in shares of VanEck Short Muni ETF by 926.8% in the 4th quarter. Private Trust Co. NA now owns 46,196 shares of the company’s stock valued at $789,000 after buying an additional 41,697 shares during the last quarter. Prime Capital Investment Advisors LLC increased its stake in shares of VanEck Short Muni ETF by 4.7% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 43,485 shares of the company’s stock valued at $743,000 after buying an additional 1,954 shares during the period. Finally, Cerity Partners LLC raised its position in shares of VanEck Short Muni ETF by 710.8% during the fourth quarter. Cerity Partners LLC now owns 432,753 shares of the company’s stock worth $7,396,000 after acquiring an additional 379,382 shares during the last quarter.

VanEck Short Muni ETF Stock Performance

Shares of VanEck Short Muni ETF stock remained flat at $17.00 during midday trading on Wednesday. The company had a trading volume of 84,563 shares. The stock has a 50 day moving average of $16.99 and a two-hundred day moving average of $16.99.

About VanEck Short Muni ETF

The VanEck Short Muni ETF (SMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of 1-6 years. SMB was launched on Feb 22, 2008 and is managed by VanEck.