Avidian Wealth Enterprises LLC Sells 28,507 Shares of VanEck Long Muni ETF (BATS:MLN)

Avidian Wealth Enterprises LLC decreased its position in shares of VanEck Long Muni ETF (BATS:MLN) by 46.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,214 shares of the company’s stock after selling 28,507 shares during the quarter. Avidian Wealth Enterprises LLC owned about 0.13% of VanEck Long Muni ETF worth $594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eastern Bank acquired a new stake in shares of VanEck Long Muni ETF during the third quarter worth $28,000. FMR LLC grew its holdings in VanEck Long Muni ETF by 2,371.0% during the 3rd quarter. FMR LLC now owns 4,769 shares of the company’s stock worth $87,000 after acquiring an additional 4,576 shares during the period. Transcendent Capital Group LLC raised its position in shares of VanEck Long Muni ETF by 26.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 6,122 shares of the company’s stock worth $112,000 after acquiring an additional 1,262 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of VanEck Long Muni ETF in the 4th quarter worth about $249,000. Finally, Stephens Inc. AR bought a new stake in shares of VanEck Long Muni ETF during the 3rd quarter valued at about $361,000.

VanEck Long Muni ETF Stock Up 0.7 %

BATS MLN opened at $17.66 on Thursday. The business’s 50 day simple moving average is $17.84 and its 200 day simple moving average is $18.00.

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.