VanEck Long Muni ETF (BATS:MLN) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its position in VanEck Long Muni ETF (BATS:MLN) by 4,892.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,039 shares of the company’s stock after acquiring an additional 6,898 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Long Muni ETF were worth $126,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. acquired a new stake in VanEck Long Muni ETF in the fourth quarter valued at approximately $36,000. Parkside Financial Bank & Trust raised its holdings in VanEck Long Muni ETF by 45.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,627 shares of the company’s stock valued at $47,000 after acquiring an additional 824 shares in the last quarter. FMR LLC raised its holdings in VanEck Long Muni ETF by 2,371.0% in the third quarter. FMR LLC now owns 4,769 shares of the company’s stock valued at $87,000 after acquiring an additional 4,576 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in VanEck Long Muni ETF in the fourth quarter valued at approximately $249,000. Finally, CAP Partners LLC raised its holdings in VanEck Long Muni ETF by 7.7% during the fourth quarter. CAP Partners LLC now owns 22,754 shares of the company’s stock worth $407,000 after purchasing an additional 1,633 shares in the last quarter.

VanEck Long Muni ETF Stock Performance

Shares of BATS:MLN opened at $17.55 on Friday. The firm has a 50 day simple moving average of $17.72 and a 200-day simple moving average of $17.93. VanEck Long Muni ETF has a twelve month low of $17.38 and a twelve month high of $18.34.

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.