ETF of The Day: VanEck Vectors AMT-Free Short Muni ETF (SMB) Rises 0.12% for Nov 25

November 25, 2016 - By Nellie Frank   ·   0 Comments

Nov 25 is a positive day so far for VanEck Vectors AMT-Free Short Muni ETF (NYSEARCA:SMB) as the ETF is active during the day after gaining 0.12% to hit $17.19 per share. The exchange traded fund has 263.72 million net assets and 0.24% volatility this month.

Over the course of the day 4,530 shares traded hands, as compared to an average volume of 65,680 over the last 30 days for VanEck Vectors AMT-Free Short Muni ETF (NYSEARCA:SMB).

The ETF is -2.02% of its 52-Week High and 0.39% of its low, and is currently having ATR of 0.05. This year’s performance is -0.51% while this quarter’s performance is -1.86%.

The ETF’s YTD performance is 1.29%, the 1 year is 1.47% and the 3 year is 1.3%.

The fund’s top holdings are: New York St Twy Auth 5% for 1.10% of assets, Bay Area Toll Auth 1.875% for 0.84%, Maryland St Go Ref Bd 4.5% for 0.80%, New Jersey St Transn Tr Fd Aut Trans 5% for 0.75%, Baltimore Cnty Md Cons Pub 5% for 0.74%, Washington Fed Hwy Grnt Antic Grant A 5% for 0.73%, Harris Cnty-Houston Sports Aut Ref Bd 5% for 0.69%, New York St Dorm Auth 5% for 0.67%, Jacksonville Fla Spl Rev Ref Bds 5% for 0.66%, California St Go Bds 5% for 0.65%.

More notable recent Market Vectors Short Municipal Index ETF (NYSEARCA:SMB) news were published by: Businesswire.com which released: “VanEck Global Announces Market Vectors ETFs February 2016 Distributions” on February 29, 2016, also Marketwatch.com with their article: “Opinion: 7 muni-bond ETFs that stay on track” published on April 04, 2015, Seekingalpha.com published: “Short High-Yield Municipal Index ETF, An Undiscovered Value” on August 27, 2014. More interesting news about Market Vectors Short Municipal Index ETF (NYSEARCA:SMB) were released by: Forbes.com and their article: “These 6%+ Dividend Stocks Are A Screaming Bargain” published on November 25, 2016 as well as Seekingalpha.com‘s news article titled: “Short-Term, High Yield Municipal Bond ETF” with publication date: January 28, 2014.

Market Vectors Short Municipal Index ETF 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 ETF has a market cap of $263.72 million. The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 1 to 6 years. It currently has negative earnings. To be included in the Index, bonds must be rated investment-grade (Baa3/BBB- or higher) by at least two ratings agencies: Moody’s, S&P, Fitch.

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By Nellie Frank


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