CX Institutional Decreases Position in VanEck Long Muni ETF $MLN

CX Institutional decreased its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 93.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,368 shares of the company’s stock after selling 314,677 shares during the quarter. CX Institutional’s holdings in VanEck Long Muni ETF were worth $380,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MLN. NewEdge Advisors LLC increased its holdings in shares of VanEck Long Muni ETF by 71.3% in the 1st quarter. NewEdge Advisors LLC now owns 37,044 shares of the company’s stock valued at $644,000 after acquiring an additional 15,423 shares during the period. Jane Street Group LLC increased its position 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 period. JPMorgan Chase & Co. raised its position in VanEck Long Muni ETF by 2,657.4% in the second quarter. JPMorgan Chase & Co. now owns 415,844 shares of the company’s stock worth $7,024,000 after acquiring an additional 400,763 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in VanEck Long Muni ETF during the second quarter worth about $209,000. Finally, Ameriprise Financial Inc. raised its holdings in VanEck Long Muni ETF by 4.9% during the second 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 Trading Up 0.6%

VanEck Long Muni ETF stock opened at $17.50 on Friday. VanEck Long Muni ETF has a 52 week low of $16.72 and a 52 week high of $17.82. The firm’s 50-day simple moving average is $17.60 and its 200 day simple moving average is $17.57.

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.