Keystone Financial Group Sells 50,883 Shares of VanEck CEF Muni Income ETF $XMPT

Keystone Financial Group reduced its stake in shares of VanEck CEF Muni Income ETF (BATS:XMPT) by 18.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 220,450 shares of the company’s stock after selling 50,883 shares during the quarter. Keystone Financial Group’s holdings in VanEck CEF Muni Income ETF were worth $4,823,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Kingdom Financial Group LLC. bought a new stake in shares of VanEck CEF Muni Income ETF during the fourth quarter valued at approximately $307,000. WealthShield Partners LLC grew its stake in shares of VanEck CEF Muni Income ETF by 14.4% during the fourth quarter. WealthShield Partners LLC now owns 9,115 shares of the company’s stock valued at $199,000 after purchasing an additional 1,145 shares during the last quarter. Total Clarity Wealth Management Inc. bought a new stake in shares of VanEck CEF Muni Income ETF during the fourth quarter valued at approximately $2,061,000. Comerica Bank lifted its holdings in VanEck CEF Muni Income ETF by 44.1% in the fourth quarter. Comerica Bank now owns 12,046 shares of the company’s stock valued at $264,000 after buying an additional 3,687 shares during the period. Finally, SimpliFi Inc. lifted its holdings in VanEck CEF Muni Income ETF by 16.0% in the fourth quarter. SimpliFi Inc. now owns 37,475 shares of the company’s stock valued at $820,000 after buying an additional 5,171 shares during the period.

VanEck CEF Muni Income ETF Stock Performance

Shares of BATS XMPT opened at $21.51 on Friday. The company’s 50 day simple moving average is $21.73 and its 200 day simple moving average is $21.95. VanEck CEF Muni Income ETF has a fifty-two week low of $20.53 and a fifty-two week high of $22.66.

VanEck CEF Muni Income ETF 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.