AlphaStar Capital Management LLC Acquires 2,549 Shares of VanEck Long Muni ETF (BATS:MLN)

AlphaStar Capital Management LLC grew its holdings in VanEck Long Muni ETF (BATS:MLN) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,164 shares of the company’s stock after acquiring an additional 2,549 shares during the quarter. AlphaStar Capital Management LLC owned 0.14% of VanEck Long Muni ETF worth $647,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Raymond James & Associates grew its position in shares of 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 valued at $62,732,000 after purchasing an additional 1,232,833 shares during the period. HighTower Advisors LLC boosted its holdings in shares of VanEck Long Muni ETF by 14.6% in the third quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock valued at $30,604,000 after buying an additional 213,478 shares during the period. Confluence Investment Management LLC acquired a new position in shares of VanEck Long Muni ETF in the fourth quarter valued at approximately $3,682,000. Kestra Investment Management LLC raised its holdings in shares of VanEck Long Muni ETF by 61.9% during the third quarter. Kestra Investment Management LLC now owns 414,848 shares of the company’s stock worth $7,592,000 after acquiring an additional 158,682 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of VanEck Long Muni ETF by 74.5% during the third quarter. Janney Montgomery Scott LLC now owns 321,758 shares of the company’s stock worth $5,888,000 after acquiring an additional 137,394 shares during the period.

VanEck Long Muni ETF Price Performance

Shares of BATS MLN opened at $17.84 on Friday. The business has a fifty day moving average of $17.86 and a two-hundred day moving average of $18.00.

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.