1,216,206 VanEck Long Muni ETF $MLN Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in VanEck Long Muni ETF (BATS:MLN) by 432.7% during the third quarter, HoldingsChannel reports. The firm owned 1,497,269 shares of the company’s stock after purchasing an additional 1,216,206 shares during the period. Kestra Advisory Services LLC’s holdings in VanEck Long Muni ETF were worth $24,443,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MLN. Eastern Bank acquired a new stake in VanEck Long Muni ETF during the 3rd quarter worth $25,000. Western Wealth Management LLC acquired a new stake in shares of VanEck Long Muni ETF in the first quarter valued at about $31,000. Ascentis Independent Advisors acquired a new stake in shares of VanEck Long Muni ETF in the first quarter valued at about $88,000. Glen Eagle Advisors LLC purchased a new position in shares of VanEck Long Muni ETF in the first quarter worth about $91,000. Finally, Latitude Advisors LLC purchased a new position in shares of VanEck Long Muni ETF in the third quarter worth about $98,000.

VanEck Long Muni ETF Stock Performance

MLN opened at $17.07 on Friday. VanEck Long Muni ETF has a twelve month low of $16.04 and a twelve month high of $17.82. The firm’s 50-day moving average price is $16.65 and its 200 day moving average price is $17.33.

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.