Janney Montgomery Scott LLC Acquires 137,394 Shares of VanEck Long Muni ETF (BATS:MLN)

Janney Montgomery Scott LLC boosted its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 74.5% in the third quarter, Holdings Channel reports. The institutional investor owned 321,758 shares of the company’s stock after acquiring an additional 137,394 shares during the period. Janney Montgomery Scott LLC’s holdings in VanEck Long Muni ETF were worth $5,888,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Aspire Private Capital LLC raised its position in shares of VanEck Long Muni ETF by 74.2% in the 2nd quarter. Aspire Private Capital LLC now owns 2,488 shares of the company’s stock worth $44,000 after acquiring an additional 1,060 shares in the last quarter. Concourse Financial Group Securities Inc. raised its holdings in VanEck Long Muni ETF by 84.7% in the first quarter. Concourse Financial Group Securities Inc. now owns 2,468 shares of the company’s stock worth $44,000 after purchasing an additional 1,132 shares in the last quarter. Atria Investments Inc raised its holdings in VanEck Long Muni ETF by 0.5% in the first quarter. Atria Investments Inc now owns 216,370 shares of the company’s stock worth $3,897,000 after purchasing an additional 1,154 shares in the last quarter. Eastern Bank purchased a new stake in shares of VanEck Long Muni ETF during the third quarter valued at about $28,000. Finally, Elmwood Wealth Management Inc. boosted its holdings in shares of VanEck Long Muni ETF by 1.0% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 184,373 shares of the company’s stock valued at $3,374,000 after buying an additional 1,763 shares in the last quarter.

VanEck Long Muni ETF Trading Up 1.1 %

Shares of VanEck Long Muni ETF stock opened at $17.98 on Friday. The stock has a 50-day moving average price of $18.09 and a 200 day moving average price of $17.99.

VanEck Long Muni ETF Company 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.