CX Institutional Lowers Stock Holdings in VanEck Long Muni ETF (BATS:MLN)

CX Institutional reduced its stake in VanEck Long Muni ETF (BATS:MLN) by 0.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 472,312 shares of the company’s stock after selling 3,182 shares during the quarter. CX Institutional’s holdings in VanEck Long Muni ETF were worth $8,213,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Hennion & Walsh Asset Management Inc. grew its stake in shares of VanEck Long Muni ETF by 13.2% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 522,576 shares of the company’s stock valued at $9,088,000 after purchasing an additional 60,943 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of VanEck Long Muni ETF by 1,484.4% in the 1st quarter. GAMMA Investing LLC now owns 726,241 shares of the company’s stock valued at $12,629,000 after buying an additional 680,405 shares during the period. Versant Capital Management Inc lifted its holdings in shares of VanEck Long Muni ETF by 91.4% in the 1st quarter. Versant Capital Management Inc now owns 6,696 shares of the company’s stock valued at $116,000 after buying an additional 3,198 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of VanEck Long Muni ETF by 22.3% in the 1st quarter. Confluence Investment Management LLC now owns 251,836 shares of the company’s stock valued at $4,379,000 after buying an additional 45,898 shares during the period. Finally, Fourth Dimension Wealth LLC acquired a new stake in shares of VanEck Long Muni ETF in the 4th quarter valued at approximately $383,000.

VanEck Long Muni ETF Price Performance

MLN opened at $16.73 on Wednesday. The business has a 50 day simple moving average of $16.90 and a 200-day simple moving average of $17.47. VanEck Long Muni ETF has a 12 month low of $16.08 and a 12 month high of $18.34.

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.