36,426 Shares in VanEck Long Muni ETF $MLN Bought by Hyundai Investments Co. Ltd.

Hyundai Investments Co. Ltd. purchased a new position in VanEck Long Muni ETF (BATS:MLN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 36,426 shares of the company’s stock, valued at approximately $640,000. VanEck Long Muni ETF makes up about 0.6% of Hyundai Investments Co. Ltd.’s portfolio, making the stock its 13th biggest holding. Hyundai Investments Co. Ltd. owned approximately 0.11% of VanEck Long Muni ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MLN. NewEdge Advisors LLC increased its holdings in VanEck Long Muni ETF by 71.3% in the 1st quarter. NewEdge Advisors LLC now owns 37,044 shares of the company’s stock worth $644,000 after acquiring an additional 15,423 shares in the last quarter. Jane Street Group LLC boosted its stake in VanEck Long Muni ETF by 1,373.6% during the 1st quarter. Jane Street Group LLC now owns 476,539 shares of the company’s stock worth $8,287,000 after purchasing an additional 444,200 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in VanEck Long Muni ETF by 2,657.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 415,844 shares of the company’s stock worth $7,024,000 after purchasing an additional 400,763 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in VanEck Long Muni ETF during the 2nd quarter worth $209,000. Finally, Ameriprise Financial Inc. boosted its stake in VanEck Long Muni ETF by 4.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 173,364 shares of the company’s stock worth $2,927,000 after purchasing an additional 8,123 shares during the last quarter.

VanEck Long Muni ETF Stock Up 0.2%

Shares of MLN opened at $17.66 on Tuesday. VanEck Long Muni ETF has a 52-week low of $16.50 and a 52-week high of $17.82. The firm’s fifty day moving average is $17.57 and its two-hundred day moving average is $17.56.

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.