Tortoise Investment Management LLC raised its holdings in shares of VanEck Long Muni ETF (BATS:MLN – Free Report) by 31.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 311,180 shares of the company’s stock after buying an additional 74,459 shares during the period. Tortoise Investment Management LLC owned about 1.23% of VanEck Long Muni ETF worth $5,564,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in MLN. PNC Financial Services Group Inc. bought a new position in shares of VanEck Long Muni ETF during the fourth quarter valued at about $36,000. Haven Private LLC bought a new position in shares of VanEck Long Muni ETF during the fourth quarter valued at about $2,989,000. Evergreen Private Wealth LLC raised its stake in shares of VanEck Long Muni ETF by 22.5% during the fourth quarter. Evergreen Private Wealth LLC now owns 122,352 shares of the company’s stock valued at $2,188,000 after acquiring an additional 22,479 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of VanEck Long Muni ETF during the fourth quarter valued at about $59,622,000. Finally, Jones Financial Companies Lllp raised its stake in shares of VanEck Long Muni ETF by 107.7% during the fourth quarter. Jones Financial Companies Lllp now owns 53,771 shares of the company’s stock valued at $961,000 after acquiring an additional 27,876 shares during the last quarter.
VanEck Long Muni ETF Stock Up 0.9 %
Shares of BATS:MLN opened at $17.69 on Monday. The company’s 50 day moving average price is $17.77 and its 200-day moving average price is $17.96.
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.
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