VanEck CEF Municipal Income ETF (BATS:XMPT) Shares Bought by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. increased its holdings in VanEck CEF Municipal Income ETF (BATS:XMPT) by 107.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 65,657 shares of the company’s stock after buying an additional 34,050 shares during the period. Clark Capital Management Group Inc. owned about 0.62% of VanEck CEF Municipal Income ETF worth $1,412,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. IHT Wealth Management LLC bought a new stake in VanEck CEF Municipal Income ETF in the 4th quarter valued at about $227,000. Riverbridge Partners LLC acquired a new stake in VanEck CEF Municipal Income ETF in the 4th quarter valued at approximately $239,000. Principal Securities Inc. raised its stake in VanEck CEF Municipal Income ETF by 157.3% during the 4th quarter. Principal Securities Inc. now owns 24,504 shares of the company’s stock valued at $527,000 after acquiring an additional 14,980 shares in the last quarter. Park Avenue Securities LLC boosted its position in VanEck CEF Municipal Income ETF by 113.7% during the 4th quarter. Park Avenue Securities LLC now owns 36,836 shares of the company’s stock worth $792,000 after acquiring an additional 19,595 shares during the period. Finally, Maridea Wealth Management LLC acquired a new position in shares of VanEck CEF Municipal Income ETF during the fourth quarter valued at $893,000.

VanEck CEF Municipal Income ETF Price Performance

VanEck CEF Municipal Income ETF stock opened at $21.15 on Friday. The company’s 50-day moving average price is $21.16 and its two-hundred day moving average price is $21.77. VanEck CEF Municipal Income ETF has a 52 week low of $19.73 and a 52 week high of $23.21.

VanEck CEF Municipal Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1056 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck CEF Municipal 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.