Bailard’s VanEck Short Muni ETF SMB Stock Holding History

Bailard’s Portfolio SMB Stock Details SMB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-34,770	Closed	-$619K	–	559
2019 Q4	$619K	Buy	+34,770	New	+$617K	0.03%	238
2019 Q3	–	Sell	-25,285	Closed	-$447K	–	588
2019 Q2	$447K	Sell	25,285 -9,205	-27%	-$162K	0.03%	306
2019 Q1	$606K	Sell	34,490 -21,050	-38%	-$367K	0.04%	269
2018 Q4	$961K	Buy	55,540 +12,080	+28%	+$208K	0.07%	220
2018 Q3	$747K	Sell	43,460 -76,875	-64%	-$1.33M	0.04%	249
2018 Q2	$2.08M	Buy	120,335 +33,510	+39%	+$576K	0.12%	161
2018 Q1	$1.5M	Sell	86,825 -43,057	-33%	-$743K	0.1%	188
2017 Q4	$2.24M	Sell	129,882 -63,123	-33%	-$1.1M	0.14%	163
2017 Q3	$3.38M	Sell	193,005 -37,820	-16%	-$665K	0.26%	98
2017 Q2	$4.03M	Sell	230,825 -450,590	-66%	-$7.89M	0.33%	75
2017 Q1	$11.9M	Buy	681,415 +11,890	+2%	+$207K	0.99%	17
2016 Q4	$11.6M	Buy	669,525 +655,310	+4,610%	+$11.4M	1.07%	13
2016 Q3	$251K	Hold	14,215	–	–	0.02%	280
2016 Q2	$252K	Buy	14,215 +515	+4%	+$9.09K	0.03%	261
2016 Q1	$241K	Buy	+13,700	New	+$241K	0.03%	226
2015 Q4	–	Sell	-42,795	Closed	-$748K	–	322
2015 Q3	$748K	Buy	42,795 +4,970	+13%	+$86.8K	0.12%	113
2015 Q2	$657K	Buy	+37,825	New	+$659K	0.1%	123
2013 Q4	–	Sell	-34,600	Closed	-$606K	–	244
2013 Q3	$606K	Sell	34,600 -19,375	-36%	-$338K	0.12%	136
2013 Q2	$945K	Buy	+53,975	New	+$956K	0.17%	108

Other funds holding SMB

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

CCM

Condor Capital Management Martinsville, New Jersey $1.2B AUM 13.18% 1-Year Est. Return

RWA

Redhawk Wealth Advisors Minneapolis, Minnesota $1.02B AUM 35.15% 1-Year Est. Return

JCM

Janney Capital Management Pittsburgh, Pennsylvania $1.59B AUM 23.25% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Bailard's SMB Position: Q1 2020 in Review

Bailard sold out of VanEck Short Muni ETF (SMB) in Q1 2020, closing a stake of 34,770 shares — an estimated $619K sold.

Bailard first reported a position in SMB in Q2 2013 and held it in 19 quarters. The position peaked at $11.9M in Q1 2017. 79 funds tracked by Wall St. Rank hold SMB as of Q1 2020.

Bailard reported no remaining VanEck Short Muni ETF position as of Q1 2020 after selling out during the quarter.
Bailard sold 34,770 VanEck Short Muni ETF shares in Q1 2020, an estimated $619K.
Bailard first reported a position in VanEck Short Muni ETF in Q2 2013 and held it in 19 quarters.
Bailard's VanEck Short Muni ETF position peaked at $11.9M in Q1 2017.
79 funds tracked by Wall St. Rank held VanEck Short Muni ETF as of Q1 2020.

Based on Bailard's 13F filing for Q1 2020, filed 16 Apr 2020.