MJT & Associates Financial Advisory Group Inc. Trims Position in Mairs & Power Minnesota Municipal Bond ETF $MINN

MJT & Associates Financial Advisory Group Inc. trimmed its stake in Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) by 3.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 15,958 shares of the company’s stock after selling 530 shares during the period. Mairs & Power Minnesota Municipal Bond ETF makes up about 0.4% of MJT & Associates Financial Advisory Group Inc.’s investment portfolio, making the stock its 24th biggest position. MJT & Associates Financial Advisory Group Inc.’s holdings in Mairs & Power Minnesota Municipal Bond ETF were worth $347,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Bond & Devick Financial Network Inc. bought a new stake in shares of Mairs & Power Minnesota Municipal Bond ETF during the second quarter valued at approximately $211,000. CPA Asset Management LLC increased its holdings in Mairs & Power Minnesota Municipal Bond ETF by 3.8% during the 2nd quarter. CPA Asset Management LLC now owns 12,449 shares of the company’s stock worth $270,000 after purchasing an additional 459 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in Mairs & Power Minnesota Municipal Bond ETF by 15.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,898 shares of the company’s stock valued at $415,000 after purchasing an additional 2,500 shares in the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of Mairs & Power Minnesota Municipal Bond ETF by 2.6% in the 1st quarter. Moloney Securities Asset Management LLC now owns 20,000 shares of the company’s stock worth $439,000 after buying an additional 500 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Mairs & Power Minnesota Municipal Bond ETF in the 1st quarter worth $458,000.

Mairs & Power Minnesota Municipal Bond ETF Stock Performance

Shares of Mairs & Power Minnesota Municipal Bond ETF stock opened at $22.15 on Friday. The stock’s fifty day moving average price is $21.89 and its 200-day moving average price is $21.78. Mairs & Power Minnesota Municipal Bond ETF has a 12 month low of $20.57 and a 12 month high of $23.60.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax.