VanEck Long Muni ETF (BATS:MLN) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc lifted its position in shares of VanEck Long Muni ETF (BATS:MLN) by 9.6% during the fourth quarter, HoldingsChannel reports. The firm owned 27,739 shares of the company’s stock after purchasing an additional 2,434 shares during the quarter. IFP Advisors Inc’s holdings in VanEck Long Muni ETF were worth $496,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Hedeker Wealth LLC lifted its position in shares of VanEck Long Muni ETF by 0.9% during the fourth quarter. Hedeker Wealth LLC now owns 82,253 shares of the company’s stock worth $1,471,000 after purchasing an additional 732 shares in the last quarter. Transcendent Capital Group LLC lifted its position in shares of 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 purchasing an additional 1,262 shares in the last quarter. CAP Partners LLC lifted its position in shares of 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. AlphaStar Capital Management LLC lifted its position in shares of VanEck Long Muni ETF by 7.6% during the fourth quarter. AlphaStar Capital Management LLC now owns 36,164 shares of the company’s stock worth $647,000 after purchasing an additional 2,549 shares in the last quarter. Finally, CX Institutional lifted its position in shares of VanEck Long Muni ETF by 0.7% during the fourth quarter. CX Institutional now owns 475,494 shares of the company’s stock worth $8,502,000 after purchasing an additional 3,535 shares in the last quarter.

VanEck Long Muni ETF Stock Performance

BATS MLN opened at $17.99 on Friday. The stock’s 50 day moving average price is $17.78 and its two-hundred day moving average price is $17.97.

About VanEck Long Muni ETF

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.