CAP Partners LLC Makes New $270,000 Investment in VanEck Long Muni ETF (BATS:MLN)

CAP Partners LLC bought a new position in VanEck Long Muni ETF (BATS:MLN) during the 1st quarter, Holdings Channel.com reports. The fund bought 15,005 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gateway Advisory LLC purchased a new position in shares of VanEck Long Muni ETF during the 4th quarter valued at about $9,068,000. Willis Johnson & Associates Inc. purchased a new position in shares of VanEck Long Muni ETF during the 4th quarter valued at about $7,061,000. Townsquare Capital LLC purchased a new position in shares of VanEck Long Muni ETF during the 3rd quarter valued at about $5,232,000. Stifel Financial Corp lifted its position in shares of VanEck Long Muni ETF by 247.3% during the 4th quarter. Stifel Financial Corp now owns 430,286 shares of the company’s stock valued at $7,853,000 after buying an additional 306,399 shares in the last quarter. Finally, Pineridge Advisors LLC purchased a new position in shares of VanEck Long Muni ETF during the 4th quarter valued at about $4,131,000.

VanEck Long Muni ETF Stock Up 0.3 %

Shares of MLN stock traded up $0.05 during trading hours on Tuesday, reaching $17.83. 200,742 shares of the company traded hands. The stock’s 50-day moving average price is $17.84 and its 200-day moving average price is $17.94.

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.