PFG Advisors decreased its position in shares of VanEck Long Muni ETF (BATS:MLN – Get Rating) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,631 shares of the company's stock after selling 861 shares during the quarter. PFG Advisors' holdings in VanEck Long Muni ETF were worth $221,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cyndeo Wealth Partners LLC bought a new position in shares of VanEck Long Muni ETF during the 4th quarter worth $4,631,000. Altus Wealth Group LLC bought a new stake in VanEck Long Muni ETF during the fourth quarter valued at about $2,411,000. Bartlett & Co. LLC boosted its position in VanEck Long Muni ETF by 9.3% during the fourth quarter. Bartlett & Co. LLC now owns 88,545 shares of the company's stock valued at $1,546,000 after purchasing an additional 7,514 shares in the last quarter. Econ Financial Services Corp bought a new stake in VanEck Long Muni ETF during the fourth quarter valued at about $1,318,000. Finally, Private Advisor Group LLC bought a new stake in VanEck Long Muni ETF during the fourth quarter valued at about $606,037,000.
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Shares of MLN stock opened at $18.24 on Friday. The company's fifty day moving average is $17.79 and its 200-day moving average is $17.48.
About VanEck Long Muni ETF
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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.
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