Hedeker Wealth LLC Cuts Holdings in VanEck CEF Municipal Income ETF (BATS:XMPT)

Hedeker Wealth LLC lessened its stake in VanEck CEF Municipal Income ETF (BATS:XMPT) by 11.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,681 shares of the company’s stock after selling 5,475 shares during the period. Hedeker Wealth LLC owned approximately 0.39% of VanEck CEF Municipal Income ETF worth $924,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. WealthShield Partners LLC grew its holdings in shares of VanEck CEF Municipal Income ETF by 5.5% during the 4th quarter. WealthShield Partners LLC now owns 9,651 shares of the company’s stock valued at $204,000 after purchasing an additional 503 shares during the last quarter. Aveo Capital Partners LLC bought a new position in shares of VanEck CEF Municipal Income ETF during the 4th quarter valued at $206,000. SFI Advisors LLC purchased a new stake in VanEck CEF Municipal Income ETF during the 4th quarter valued at $213,000. Madrona Financial Services LLC boosted its position in VanEck CEF Municipal Income ETF by 8.7% during the 4th quarter. Madrona Financial Services LLC now owns 20,510 shares of the company’s stock valued at $434,000 after buying an additional 1,636 shares during the period. Finally, Principal Securities Inc. purchased a new stake in VanEck CEF Municipal Income ETF during the 4th quarter valued at $522,000.

VanEck CEF Municipal Income ETF Stock Down 0.1 %

XMPT traded down $0.02 during trading on Wednesday, hitting $21.85. 20,939 shares of the stock traded hands. The company has a 50-day moving average price of $21.44 and a 200-day moving average price of $21.34.

VanEck CEF Municipal Income ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a dividend of $0.1055 per share. The ex-dividend date is Monday, July 1st. This is a boost from VanEck CEF Municipal Income ETF’s previous dividend of $0.09.

VanEck CEF Municipal 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.