VanEck Long Muni ETF (BATS:MLN) Stake Boosted by Pineridge Advisors LLC

Pineridge Advisors LLC increased its stake in VanEck Long Muni ETF (BATS:MLN) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,688 shares of the company’s stock after purchasing an additional 15,534 shares during the period. VanEck Long Muni ETF accounts for 1.4% of Pineridge Advisors LLC’s portfolio, making the stock its 11th largest position. Pineridge Advisors LLC owned approximately 0.80% of VanEck Long Muni ETF worth $3,606,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates grew its position in VanEck Long Muni ETF by 56.2% in the 3rd quarter. Raymond James & Associates now owns 3,427,963 shares of the company’s stock worth $62,732,000 after purchasing an additional 1,232,833 shares during the last quarter. HighTower Advisors LLC grew its holdings in VanEck Long Muni ETF by 14.6% in the 3rd quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock worth $30,604,000 after buying an additional 213,478 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in VanEck Long Muni ETF by 4.6% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 477,125 shares of the company’s stock valued at $8,731,000 after acquiring an additional 21,030 shares during the period. CX Institutional increased its position in VanEck Long Muni ETF by 0.7% in the 4th quarter. CX Institutional now owns 475,494 shares of the company’s stock valued at $8,502,000 after acquiring an additional 3,535 shares during the period. Finally, Cyndeo Wealth Partners LLC raised its stake in VanEck Long Muni ETF by 6.9% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 435,574 shares of the company’s stock valued at $7,788,000 after acquiring an additional 28,250 shares in the last quarter.

VanEck Long Muni ETF Stock Up 1.7 %

BATS:MLN opened at $17.83 on Tuesday. The stock has a 50-day simple moving average of $17.86 and a two-hundred day simple moving average of $18.00.

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.