VCI Wealth Management LLC Purchases Shares of 167,486 VanEck Long Muni ETF (BATS:MLN)

VCI Wealth Management LLC purchased a new stake in VanEck Long Muni ETF (BATS:MLN) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 167,486 shares of the company’s stock, valued at approximately $3,057,000. VanEck Long Muni ETF comprises approximately 1.9% of VCI Wealth Management LLC’s portfolio, making the stock its 13th biggest position. VCI Wealth Management LLC owned 0.68% of VanEck Long Muni ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Raymond James & Associates lifted its stake in VanEck Long Muni ETF by 18.0% during the third quarter. Raymond James & Associates now owns 1,878,816 shares of the company’s stock valued at $31,395,000 after buying an additional 287,123 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in VanEck Long Muni ETF by 69.4% during the third quarter. Bank of New York Mellon Corp now owns 1,449,861 shares of the company’s stock valued at $24,227,000 after buying an additional 594,092 shares in the last quarter. CX Institutional lifted its stake in VanEck Long Muni ETF by 189.9% during the third quarter. CX Institutional now owns 1,355,005 shares of the company’s stock valued at $22,635,000 after buying an additional 887,573 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in VanEck Long Muni ETF by 23.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 702,543 shares of the company’s stock valued at $12,821,000 after buying an additional 133,199 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of VanEck Long Muni ETF by 10.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 482,701 shares of the company’s stock valued at $8,066,000 after purchasing an additional 45,614 shares during the period.

VanEck Long Muni ETF Price Performance

Shares of MLN traded down $0.08 during trading hours on Thursday, reaching $17.64. The company’s stock had a trading volume of 84,944 shares. The firm has a fifty day moving average of $17.92 and a 200 day moving average of $17.66.

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.