Investment Partners LTD. Has $1.69 Million Stock Holdings in VanEck CEF Muni Income ETF $XMPT

Investment Partners LTD. boosted its stake in VanEck CEF Muni Income ETF (BATS:XMPT) by 45.3% in the third quarter, Holdings Channel reports. The firm owned 77,375 shares of the company’s stock after purchasing an additional 24,130 shares during the quarter. Investment Partners LTD.’s holdings in VanEck CEF Muni Income ETF were worth $1,694,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in shares of VanEck CEF Muni Income ETF during the 2nd quarter valued at $91,000. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck CEF Muni Income ETF during the third quarter worth about $111,000. Osaic Holdings Inc. increased its stake in shares of VanEck CEF Muni Income ETF by 213.2% in the second quarter. Osaic Holdings Inc. now owns 10,104 shares of the company’s stock worth $216,000 after acquiring an additional 6,878 shares during the period. Atria Investments Inc purchased a new position in VanEck CEF Muni Income ETF during the second quarter valued at $544,000. Finally, MML Investors Services LLC increased its stake in shares of VanEck CEF Muni Income ETF by 7.2% during the second quarter. MML Investors Services LLC now owns 38,789 shares of the company’s stock worth $814,000 after purchasing an additional 2,592 shares in the last quarter.

VanEck CEF Muni Income ETF Stock Performance

XMPT opened at $22.48 on Friday. VanEck CEF Muni Income ETF has a twelve month low of $19.73 and a twelve month high of $22.48. The firm’s 50-day moving average price is $22.02 and its 200 day moving average price is $21.73.

VanEck CEF Muni Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.1057 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. This is a boost from VanEck CEF Muni Income ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, February 2nd.

VanEck CEF Muni Income ETF Company Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.