Mission Wealth Management LP Buys Shares of 20,000 VanEck Long Muni ETF (BATS:MLN)

Mission Wealth Management LP bought a new stake in VanEck Long Muni ETF (BATS:MLN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,000 shares of the company’s stock, valued at approximately $360,000. Mission Wealth Management LP owned approximately 0.08% of VanEck Long Muni ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates increased its position in shares of VanEck Long Muni ETF by 42.7% during the 1st quarter. Raymond James & Associates now owns 2,270,524 shares of the company’s stock worth $40,892,000 after purchasing an additional 679,011 shares during the last quarter. Avidian Wealth Solutions LLC increased its position in shares of VanEck Long Muni ETF by 7.1% during the 4th quarter. Avidian Wealth Solutions LLC now owns 705,320 shares of the company’s stock worth $12,872,000 after purchasing an additional 46,481 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of VanEck Long Muni ETF by 23.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 702,543 shares of the company’s stock worth $12,821,000 after purchasing an additional 133,199 shares during the last quarter. Gateway Advisory LLC acquired a new position in shares of VanEck Long Muni ETF during the 4th quarter worth approximately $9,068,000. Finally, Stifel Financial Corp increased its holdings in shares of VanEck Long Muni ETF by 247.3% during the 4th quarter. Stifel Financial Corp now owns 430,286 shares of the company’s stock worth $7,853,000 after acquiring an additional 306,399 shares during the last quarter.

VanEck Long Muni ETF Trading Up 0.3 %

Shares of MLN stock traded up $0.05 during trading on Friday, reaching $17.95. 78,330 shares of the company’s stock were exchanged. The business has a fifty day moving average price of $17.85 and a two-hundred day moving average price of $17.94.

VanEck Long Muni ETF Profile

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.