135,454 Shares in VanEck Long Muni ETF (BATS:MLN) Bought by Sykon Capital LLC

Sykon Capital LLC bought a new stake in shares of VanEck Long Muni ETF (BATS:MLN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 135,454 shares of the company’s stock, valued at approximately $2,472,000. Sykon Capital LLC owned about 0.55% of VanEck Long Muni ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Benjamin Edwards Inc. purchased a new position in VanEck Long Muni ETF during the 4th quarter worth approximately $31,000. Versant Capital Management Inc raised its position in VanEck Long Muni ETF by 171.0% during the fourth quarter. Versant Capital Management Inc now owns 3,488 shares of the company’s stock valued at $64,000 after buying an additional 2,201 shares during the period. Thomas J. Herzfeld Advisors Inc. purchased a new stake in VanEck Long Muni ETF in the 3rd quarter worth about $121,000. Redhawk Wealth Advisors Inc. acquired a new stake in VanEck Long Muni ETF during the 4th quarter worth about $200,000. Finally, Collective Family Office LLC acquired a new stake in VanEck Long Muni ETF during the 4th quarter worth about $206,000.

VanEck Long Muni ETF Stock Up 0.4 %

Shares of VanEck Long Muni ETF stock traded up $0.07 on Friday, hitting $17.79. 107,325 shares of the company traded hands. The stock’s 50-day moving average is $17.88 and its 200-day moving average is $17.71.

VanEck Long Muni ETF Company Profile

The VanEck Long Muni ETF (MLN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of at least 17 years. MLN was launched on Jan 2, 2008 and is managed by VanEck.