Cyndeo Wealth Partners LLC Grows Position in VanEck Long Muni ETF (BATS:MLN)

Cyndeo Wealth Partners LLC grew its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 6.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 435,574 shares of the company’s stock after acquiring an additional 28,250 shares during the period. Cyndeo Wealth Partners LLC’s holdings in VanEck Long Muni ETF were worth $7,788,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Transcendent Capital Group LLC boosted its holdings in VanEck Long Muni ETF by 26.0% during the third quarter. Transcendent Capital Group LLC now owns 6,122 shares of the company’s stock worth $112,000 after buying an additional 1,262 shares in the last quarter. Eastern Bank acquired a new stake in shares of VanEck Long Muni ETF during the 3rd quarter valued at approximately $28,000. Elmwood Wealth Management Inc. lifted its position in shares of VanEck Long Muni ETF by 1.0% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 184,373 shares of the company’s stock valued at $3,374,000 after acquiring an additional 1,763 shares during the period. CAP Partners LLC grew its holdings in shares of VanEck Long Muni ETF by 13.5% in the 3rd quarter. CAP Partners LLC now owns 21,121 shares of the company’s stock worth $387,000 after acquiring an additional 2,520 shares during the period. Finally, CX Institutional increased its stake in VanEck Long Muni ETF by 0.7% in the 4th quarter. CX Institutional now owns 475,494 shares of the company’s stock valued at $8,502,000 after purchasing an additional 3,535 shares in the last quarter.

VanEck Long Muni ETF Trading Up 0.9 %

MLN opened at $17.68 on Friday. The business’s 50 day moving average price is $17.92 and its two-hundred day moving average price is $18.02.

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.