Hedeker Wealth LLC reduced its position in VanEck Long Muni ETF (BATS:MLN – Free Report) by 63.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,644 shares of the company’s stock after selling 76,270 shares during the quarter. Hedeker Wealth LLC owned approximately 0.14% of VanEck Long Muni ETF worth $776,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. World Investment Advisors acquired a new position in shares of VanEck Long Muni ETF in the 4th quarter valued at $1,144,000. Kestra Investment Management LLC boosted its position in shares of VanEck Long Muni ETF by 28.8% during the 4th quarter. Kestra Investment Management LLC now owns 2,244,274 shares of the company’s stock valued at $39,344,000 after acquiring an additional 502,142 shares in the last quarter. Meadowbrook Advisors Group LLC acquired a new stake in shares of VanEck Long Muni ETF during the 4th quarter valued at about $1,367,000. Hyundai Investments Co. Ltd. acquired a new position in VanEck Long Muni ETF in the fourth quarter worth about $640,000. Finally, WBH Advisory Inc. raised its position in VanEck Long Muni ETF by 126.9% in the first quarter. WBH Advisory Inc. now owns 61,132 shares of the company’s stock worth $1,068,000 after purchasing an additional 34,191 shares in the last quarter.
VanEck Long Muni ETF Stock Performance
Shares of MLN opened at $16.98 on Wednesday. VanEck Long Muni ETF has a 12 month low of $16.96 and a 12 month high of $17.82. The company has a 50-day moving average price of $17.43 and a two-hundred day moving average price of $17.53.
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.
Further Reading
- Five stocks we like better than VanEck Long Muni ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for VanEck Long Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Long Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.
