West Michigan Advisors LLC lifted its position in VanEck Long Muni ETF (BATS:MLN – Free Report) by 73.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 21,452 shares of the company’s stock after acquiring an additional 9,098 shares during the quarter. West Michigan Advisors LLC’s holdings in VanEck Long Muni ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates raised its stake in shares of VanEck Long Muni ETF by 56.2% during the 3rd quarter. Raymond James & Associates now owns 3,427,963 shares of the company’s stock worth $62,732,000 after buying an additional 1,232,833 shares during the period. Kestra Investment Management LLC acquired a new position in VanEck Long Muni ETF during the second quarter worth $4,575,000. Sanctuary Advisors LLC purchased a new position in VanEck Long Muni ETF during the second quarter valued at $4,363,000. Legacy CG LLC purchased a new position in VanEck Long Muni ETF during the second quarter valued at $4,129,000. Finally, Commonwealth Equity Services LLC grew its position in shares of VanEck Long Muni ETF by 396.2% in the second quarter. Commonwealth Equity Services LLC now owns 245,586 shares of the company’s stock valued at $4,386,000 after purchasing an additional 196,097 shares during the period.
VanEck Long Muni ETF Stock Performance
Shares of VanEck Long Muni ETF stock opened at $17.85 on Friday. The company has a fifty day moving average of $18.14 and a 200-day moving average of $17.98.
About VanEck Long Muni ETF
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.
Read More
- Five stocks we like better than VanEck Long Muni ETF
- What are earnings reports?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Financial Services Stocks Investing
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
- What is the S&P/TSX Index?
- The Downtrend in UPS Stock Isn’t Over Yet
Want to see what other hedge funds are holding MLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Long Muni ETF (BATS:MLN – Free Report).
Receive News & Ratings for VanEck Long Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Long Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.
