VanEck Vectors Short Municipal ETF (SMB) Stake Increased by Jane Street Group LLC

Jane Street Group LLC increased its stake in VanEck Vectors Short Municipal ETF (NYSEARCA:SMB) by 41.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,068 shares of the company’s stock after buying an additional 72,622 shares during the quarter. Jane Street Group LLC owned about 2.20% of VanEck Vectors Short Municipal ETF worth $4,309,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SMB. Wells Fargo & Company MN lifted its position in shares of VanEck Vectors Short Municipal ETF by 3.2% during the third quarter. Wells Fargo & Company MN now owns 419,113 shares of the company’s stock worth $7,197,000 after purchasing an additional 12,883 shares during the last quarter. MML Investors Services LLC lifted its position in shares of VanEck Vectors Short Municipal ETF by 19.6% during the third quarter. MML Investors Services LLC now owns 41,179 shares of the company’s stock worth $707,000 after purchasing an additional 6,744 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of VanEck Vectors Short Municipal ETF during the third quarter worth $1,067,000. LPL Financial LLC lifted its position in shares of VanEck Vectors Short Municipal ETF by 12.2% during the third quarter. LPL Financial LLC now owns 101,964 shares of the company’s stock worth $1,751,000 after purchasing an additional 11,123 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in shares of VanEck Vectors Short Municipal ETF during the third quarter worth $524,000.

Shares of NYSEARCA:SMB traded up $0.03 on Monday, hitting $17.51. 43,903 shares of the company’s stock were exchanged, compared to its average volume of 47,219. VanEck Vectors Short Municipal ETF has a 12 month low of $17.05 and a 12 month high of $17.57.

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.024 per share. This represents a $0.29 annualized dividend and a dividend yield of 1.64%. This is an increase from VanEck Vectors Short Municipal ETF’s previous monthly dividend of $0.02. The ex-dividend date was Monday, April 1st.

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About VanEck Vectors Short Municipal ETF

Market Vectors Short Municipal Index ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Short Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 1 to 6 years.

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Institutional Ownership by Quarter for VanEck Vectors Short Municipal ETF (NYSEARCA:SMB)

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