Hedeker Wealth LLC Sells 8,257 Shares of VanEck Long Muni ETF $MLN

Hedeker Wealth LLC decreased its position in shares of VanEck Long Muni ETF (BATS:MLN) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,042 shares of the company’s stock after selling 8,257 shares during the quarter. Hedeker Wealth LLC owned about 0.24% of VanEck Long Muni ETF worth $1,284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of MLN. Envestnet Asset Management Inc. lifted its stake in shares of VanEck Long Muni ETF by 146.4% in the second quarter. Envestnet Asset Management Inc. now owns 2,998,986 shares of the company’s stock valued at $50,653,000 after buying an additional 1,782,083 shares in the last quarter. Kestra Investment Management LLC raised its holdings in shares of VanEck Long Muni ETF by 161.0% in the 1st quarter. Kestra Investment Management LLC now owns 1,611,950 shares of the company’s stock worth $28,032,000 after acquiring an additional 994,321 shares during the last quarter. HighTower Advisors LLC lifted its position in VanEck Long Muni ETF by 4.6% in the 1st quarter. HighTower Advisors LLC now owns 1,600,503 shares of the company’s stock valued at $27,833,000 after acquiring an additional 70,824 shares in the last quarter. Manhattan West Asset Management LLC boosted its stake in VanEck Long Muni ETF by 17.9% during the 1st quarter. Manhattan West Asset Management LLC now owns 779,990 shares of the company’s stock valued at $13,564,000 after purchasing an additional 118,473 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in VanEck Long Muni ETF by 25.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 527,867 shares of the company’s stock worth $8,916,000 after purchasing an additional 106,186 shares in the last quarter.

VanEck Long Muni ETF Trading Up 0.5%

Shares of MLN stock opened at $17.61 on Friday. The firm has a 50-day moving average of $17.56 and a 200-day moving average of $17.08. VanEck Long Muni ETF has a one year low of $16.08 and a one year high of $18.34.

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.