Farther Finance Advisors LLC Cuts Stock Position in Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN)

Farther Finance Advisors LLC decreased its holdings in shares of Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) by 38.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,576 shares of the company’s stock after selling 2,277 shares during the quarter. Farther Finance Advisors LLC’s holdings in Mairs & Power Minnesota Municipal Bond ETF were worth $81,000 as of its most recent SEC filing.

Separately, Moloney Securities Asset Management LLC grew its stake in shares of Mairs & Power Minnesota Municipal Bond ETF by 2.6% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 19,500 shares of the company’s stock worth $428,000 after buying an additional 500 shares in the last quarter.

Mairs & Power Minnesota Municipal Bond ETF Stock Performance

Shares of BATS MINN opened at $22.18 on Wednesday. The firm’s 50-day simple moving average is $22.38 and its 200-day simple moving average is $22.19.

Mairs & Power Minnesota Municipal Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 26th were given a dividend of $0.0439 per share. The ex-dividend date was Monday, August 26th.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax.