Cliftonlarsonallen Wealth Advisors LLC Increases Stock Position in VanEck Long Muni ETF $MLN

Cliftonlarsonallen Wealth Advisors LLC raised its stake in VanEck Long Muni ETF (BATS:MLN) by 220.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 420,049 shares of the company’s stock after acquiring an additional 288,958 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in VanEck Long Muni ETF were worth $7,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Place Capital Corp purchased a new stake in shares of VanEck Long Muni ETF in the 2nd quarter valued at about $40,000. MAI Capital Management purchased a new position in VanEck Long Muni ETF during the 1st quarter worth approximately $70,000. Elequin Capital LP purchased a new position in VanEck Long Muni ETF during the 1st quarter worth approximately $114,000. CW Advisors LLC acquired a new position in VanEck Long Muni ETF during the first quarter worth approximately $184,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in VanEck Long Muni ETF in the first quarter valued at approximately $188,000.

VanEck Long Muni ETF Price Performance

MLN stock opened at $17.46 on Thursday. The business has a 50 day simple moving average of $17.00 and a 200-day simple moving average of $16.96. VanEck Long Muni ETF has a twelve month low of $16.08 and a twelve month high of $18.34.

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.