Pineridge Advisors LLC Buys 15,534 Shares of VanEck Long Muni ETF (BATS:MLN)

Pineridge Advisors LLC lifted its position in VanEck Long Muni ETF (BATS:MLN) by 8.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 201,688 shares of the company’s stock after purchasing an additional 15,534 shares during the quarter. VanEck Long Muni ETF accounts for approximately 1.4% of Pineridge Advisors LLC’s holdings, making the stock its 11th biggest holding. Pineridge Advisors LLC’s holdings in VanEck Long Muni ETF were worth $3,606,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Raymond James & Associates boosted its position in VanEck Long Muni ETF by 56.2% in the third quarter. Raymond James & Associates now owns 3,427,963 shares of the company’s stock valued at $62,732,000 after buying an additional 1,232,833 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of VanEck Long Muni ETF by 14.6% in the third quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock valued at $30,604,000 after acquiring an additional 213,478 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of VanEck Long Muni ETF by 4.6% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 477,125 shares of the company’s stock worth $8,731,000 after acquiring an additional 21,030 shares in the last quarter. CX Institutional grew its position in VanEck Long Muni ETF by 0.7% during the 4th quarter. CX Institutional now owns 475,494 shares of the company’s stock worth $8,502,000 after acquiring an additional 3,535 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC grew its position in VanEck Long Muni ETF by 6.9% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 435,574 shares of the company’s stock worth $7,788,000 after acquiring an additional 28,250 shares during the last quarter.

VanEck Long Muni ETF Stock Up 1.7 %

Shares of MLN opened at $17.83 on Tuesday. The company has a 50-day simple moving average of $17.86 and a two-hundred day simple moving average of $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.