Fmr LLC Increases Holdings in VanEck Long Muni ETF (BATS:MLN)

Fmr LLC increased its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 2,371.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,769 shares of the company’s stock after purchasing an additional 4,576 shares during the quarter. Fmr LLC’s holdings in VanEck Long Muni ETF were worth $87,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MLN. Eastern Bank bought a new stake in shares of VanEck Long Muni ETF in the 3rd quarter valued at about $28,000. Larson Financial Group LLC acquired a new stake in VanEck Long Muni ETF in the second quarter valued at approximately $41,000. Transcendent Capital Group LLC grew its holdings in VanEck Long Muni ETF by 26.0% in the third quarter. Transcendent Capital Group LLC now owns 6,122 shares of the company’s stock worth $112,000 after purchasing an additional 1,262 shares during the last quarter. Choreo LLC acquired a new position in shares of VanEck Long Muni ETF during the second quarter worth $217,000. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of VanEck Long Muni ETF during the 2nd quarter valued at $335,000.

VanEck Long Muni ETF Trading Up 0.3 %

Shares of MLN stock opened at $17.79 on Tuesday. The stock’s fifty day simple moving average is $18.01 and its two-hundred day simple moving average is $18.05.

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.