VanEck Long Muni ETF (BATS:MLN) Shares Bought by IFP Advisors Inc

IFP Advisors Inc raised its stake in VanEck Long Muni ETF (BATS:MLN) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,739 shares of the company’s stock after purchasing an additional 2,434 shares during the quarter. IFP Advisors Inc owned about 0.11% of VanEck Long Muni ETF worth $496,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Hedeker Wealth LLC boosted its holdings in shares of VanEck Long Muni ETF by 0.9% in the 4th quarter. Hedeker Wealth LLC now owns 82,253 shares of the company’s stock valued at $1,471,000 after purchasing an additional 732 shares during the last quarter. Transcendent Capital Group LLC lifted its holdings in shares of 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 acquiring an additional 1,262 shares in the last quarter. CAP Partners LLC boosted its position in VanEck Long Muni ETF by 7.7% during the 4th quarter. CAP Partners LLC now owns 22,754 shares of the company’s stock worth $407,000 after purchasing an additional 1,633 shares during the period. AlphaStar Capital Management LLC increased its holdings in VanEck Long Muni ETF by 7.6% in the 4th quarter. AlphaStar Capital Management LLC now owns 36,164 shares of the company’s stock valued at $647,000 after purchasing an additional 2,549 shares in the last quarter. Finally, CX Institutional increased its holdings 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 purchasing an additional 3,535 shares in the last quarter.

VanEck Long Muni ETF Stock Performance

Shares of MLN opened at $17.99 on Friday. The stock’s 50 day moving average is $17.78 and its 200-day moving average is $17.97.

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.