HighTower Advisors LLC Sells 373,362 Shares of VanEck Long Muni ETF $MLN

HighTower Advisors LLC decreased its stake in VanEck Long Muni ETF (BATS:MLN) by 26.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,017,469 shares of the company’s stock after selling 373,362 shares during the quarter. HighTower Advisors LLC’s holdings in VanEck Long Muni ETF were worth $17,837,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MLN. NewEdge Advisors LLC grew its holdings in shares of VanEck Long Muni ETF by 71.3% in the 1st quarter. NewEdge Advisors LLC now owns 37,044 shares of the company’s stock valued at $644,000 after acquiring an additional 15,423 shares in the last quarter. Jane Street Group LLC grew its holdings in VanEck Long Muni ETF by 1,373.6% during the first quarter. Jane Street Group LLC now owns 476,539 shares of the company’s stock worth $8,287,000 after purchasing an additional 444,200 shares during the period. JPMorgan Chase & Co. grew its holdings in VanEck Long Muni ETF by 2,657.4% during the second quarter. JPMorgan Chase & Co. now owns 415,844 shares of the company’s stock worth $7,024,000 after purchasing an additional 400,763 shares during the period. Diversify Advisory Services LLC bought a new position in VanEck Long Muni ETF during the second quarter worth about $209,000. Finally, Ameriprise Financial Inc. grew its holdings in VanEck Long Muni ETF by 4.9% during the second quarter. Ameriprise Financial Inc. now owns 173,364 shares of the company’s stock worth $2,927,000 after purchasing an additional 8,123 shares during the period.

VanEck Long Muni ETF Trading Up 0.1%

VanEck Long Muni ETF stock opened at $17.33 on Friday. VanEck Long Muni ETF has a 52 week low of $16.50 and a 52 week high of $17.82. The stock has a 50-day simple moving average of $17.53 and a 200 day simple moving average of $17.57.

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.