Investment Partners LTD. Has $1.69 Million Position in VanEck CEF Muni Income ETF $XMPT

Investment Partners LTD. increased its holdings in VanEck CEF Muni Income ETF (BATS:XMPT) by 45.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,375 shares of the company’s stock after purchasing an additional 24,130 shares during the period. Investment Partners LTD. owned approximately 0.96% of VanEck CEF Muni Income ETF worth $1,694,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in XMPT. Bank of America Corp DE raised its holdings in shares of VanEck CEF Muni Income ETF by 16.5% in the 2nd quarter. Bank of America Corp DE now owns 427,255 shares of the company’s stock worth $8,968,000 after buying an additional 60,428 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in VanEck CEF Muni Income ETF by 19.2% during the third quarter. Envestnet Asset Management Inc. now owns 349,272 shares of the company’s stock worth $7,646,000 after acquiring an additional 56,189 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of VanEck CEF Muni Income ETF by 23.6% during the first quarter. Royal Bank of Canada now owns 165,207 shares of the company’s stock valued at $3,573,000 after acquiring an additional 31,500 shares during the period. Cetera Investment Advisers lifted its holdings in shares of VanEck CEF Muni Income ETF by 1.4% during the second quarter. Cetera Investment Advisers now owns 124,936 shares of the company’s stock valued at $2,622,000 after acquiring an additional 1,693 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of VanEck CEF Muni Income ETF by 10.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 99,615 shares of the company’s stock valued at $2,165,000 after purchasing an additional 9,471 shares in the last quarter.

VanEck CEF Muni Income ETF Trading Up 0.2%

Shares of VanEck CEF Muni Income ETF stock opened at $22.48 on Friday. VanEck CEF Muni Income ETF has a 12-month low of $19.73 and a 12-month high of $22.48. The company has a 50-day simple moving average of $22.02 and a 200 day simple moving average of $21.73.

VanEck CEF Muni Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1057 dividend. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from VanEck CEF Muni Income ETF’s previous monthly dividend of $0.10.

VanEck CEF Muni Income ETF Company Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.