VanEck Short Muni ETF
SMB
94 hedge funds and large institutions have $215M invested in VanEck Short Muni ETF in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 29 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 29
9% more capital invested
Capital invested by funds: $198M → $215M (+$17.1M)
3.53% more ownership
Funds ownership: 74.71% → 78.25% (+3.5%)
3% more funds holding
Funds holding: 91 → 94 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$6.94M |
| 2 |
MWM
MY Wealth Management
Germantown,
Maryland
|
+$4.33M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.73M |
| 4 |
AF
Allworth Financial
Folsom,
California
|
+$1.64M |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.17M |
| 2 |
DPI
Diversified Portfolios Inc
Bloomfield Hills,
Michigan
|
-$1.11M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$753K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$741K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$675K |
SMB Hedge Fund Activity: Q2 2025 in Review
94 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q2 2025, worth a combined $215M — up 8.6% from $198M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMB positions and 6 closed out — a net gain of 3 holders — while 33 added to existing stakes and 29 trimmed.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $6.94M. The largest seller was Bank of America, cutting an estimated $3.17M.
- 94 institutional investors held VanEck Short Muni ETF (SMB) as of Q2 2025, up from 91 in Q1 2025.
- Funds reported $215M of VanEck Short Muni ETF stock for Q2 2025, up 8.6% quarter-over-quarter.
- 9 funds opened new VanEck Short Muni ETF positions in Q2 2025 and 6 closed out, a net change of +3 holders.
- The largest VanEck Short Muni ETF buyer in Q2 2025 was Miracle Mile Advisors, an estimated $6.94M added.
- The largest VanEck Short Muni ETF seller in Q2 2025 was Bank of America, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2025.