Janney Montgomery Scott LLC decreased its stake in shares of VanEck Long Muni ETF (BATS:MLN – Get Rating) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,604 shares of the company's stock after selling 3,850 shares during the period. Janney Montgomery Scott LLC's holdings in VanEck Long Muni ETF were worth $569,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Cyndeo Wealth Partners LLC acquired a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth $4,631,000. Altus Wealth Group LLC acquired a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth $2,411,000. Econ Financial Services Corp acquired a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth $1,318,000. Private Advisor Group LLC acquired a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth $606,037,000. Finally, Allworth Financial LP acquired a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth $342,000.
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MLN stock opened at $17.98 on Thursday. The business's 50-day simple moving average is $17.81 and its two-hundred day simple moving average is $17.59.
VanEck Long Muni ETF Profile
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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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