Sonoma Private Wealth LLC Buys 2,345 Shares of VanEck HIP Sustainable Muni ETF (BATS:SMI)

Sonoma Private Wealth LLC lifted its holdings in VanEck HIP Sustainable Muni ETF (BATS:SMI) by 27.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,889 shares of the company’s stock after purchasing an additional 2,345 shares during the period. Sonoma Private Wealth LLC owned about 2.72% of VanEck HIP Sustainable Muni ETF worth $510,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC raised its stake in VanEck HIP Sustainable Muni ETF by 8.3% during the 1st quarter. Jane Street Group LLC now owns 188,182 shares of the company’s stock valued at $8,682,000 after purchasing an additional 14,354 shares during the period.

VanEck HIP Sustainable Muni ETF Stock Down 0.2 %

Shares of SMI traded down $0.08 during midday trading on Friday, hitting $46.64. 16 shares of the company traded hands. The firm has a 50 day simple moving average of $46.69 and a 200 day simple moving average of $46.26.

VanEck HIP Sustainable Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0998 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from VanEck HIP Sustainable Muni ETF’s previous dividend of $0.10.

About VanEck HIP Sustainable Muni ETF

The VanEck HIP Sustainable Muni ETF (SMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development. SMI was launched on Sep 8, 2021 and is managed by VanEck.