Hennion & Walsh Asset Management Inc. lowered its stake in shares of VanEck Long Muni ETF (BATS:MLN – Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 461,633 shares of the company’s stock after selling 15,492 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 1.83% of VanEck Long Muni ETF worth $8,254,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Eastern Bank bought a new position in VanEck Long Muni ETF in the 3rd quarter worth approximately $28,000. FMR LLC boosted its holdings in VanEck Long Muni ETF by 2,371.0% in the third quarter. FMR LLC now owns 4,769 shares of the company’s stock valued at $87,000 after acquiring an additional 4,576 shares during the last quarter. Transcendent Capital Group LLC lifted its position in VanEck Long Muni ETF by 26.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 6,122 shares of the company’s stock valued at $112,000 after purchasing an additional 1,262 shares during the period. Choreo LLC bought a new stake in shares of VanEck Long Muni ETF during the second quarter worth approximately $217,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of VanEck Long Muni ETF in the 4th quarter worth $249,000.
VanEck Long Muni ETF Stock Up 0.6 %
BATS MLN opened at $17.64 on Thursday. The firm has a 50 day moving average of $17.94 and a 200-day moving average of $18.03.
VanEck Long Muni ETF 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.
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