Risk Paradigm Group LLC Acquires New Shares in VanEck CEF Muni Income ETF $XMPT

Risk Paradigm Group LLC acquired a new position in VanEck CEF Muni Income ETF (BATS:XMPT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 328,675 shares of the company’s stock, valued at approximately $7,119,000. VanEck CEF Muni Income ETF makes up approximately 4.7% of Risk Paradigm Group LLC’s investment portfolio, making the stock its 4th largest position. Risk Paradigm Group LLC owned approximately 4.07% of VanEck CEF Muni Income ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of XMPT. Royal Bank of Canada raised its holdings in VanEck CEF Muni Income ETF by 0.6% during the fourth quarter. Royal Bank of Canada now owns 146,701 shares of the company’s stock valued at $3,210,000 after buying an additional 946 shares in the last quarter. WealthShield Partners LLC boosted its stake in shares of VanEck CEF Muni Income ETF by 14.4% during the 4th quarter. WealthShield Partners LLC now owns 9,115 shares of the company’s stock worth $199,000 after acquiring an additional 1,145 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of VanEck CEF Muni Income ETF during the 3rd quarter worth about $26,000. Bank of America Corp DE increased its holdings in shares of VanEck CEF Muni Income ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 489,769 shares of the company’s stock valued at $10,530,000 after acquiring an additional 1,258 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of VanEck CEF Muni Income ETF by 9.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,139 shares of the company’s stock valued at $361,000 after acquiring an additional 1,436 shares during the last quarter.

VanEck CEF Muni Income ETF Price Performance

Shares of XMPT stock opened at $21.51 on Monday. The stock’s 50 day simple moving average is $21.84 and its 200 day simple moving average is $21.89. VanEck CEF Muni Income ETF has a twelve month low of $20.82 and a twelve month high of $22.66.

VanEck CEF Muni Income ETF Company 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.