GAMMA Investing LLC Purchases New Position in VanEck Long Muni ETF (BATS:MLN)

GAMMA Investing LLC purchased a new stake in VanEck Long Muni ETF (BATS:MLN) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,091 shares of the company’s stock, valued at approximately $56,000.

Several other hedge funds also recently modified their holdings of MLN. Gateway Advisory LLC acquired a new stake in VanEck Long Muni ETF during the 4th quarter valued at $9,068,000. Willis Johnson & Associates Inc. acquired a new position in VanEck Long Muni ETF during the 4th quarter worth about $7,061,000. Townsquare Capital LLC bought a new stake in VanEck Long Muni ETF during the 3rd quarter worth about $5,232,000. Brown Wealth Management LLC acquired a new stake in VanEck Long Muni ETF in the 3rd quarter valued at about $5,232,000. Finally, Stifel Financial Corp lifted its position in shares of VanEck Long Muni ETF by 247.3% during the fourth quarter. Stifel Financial Corp now owns 430,286 shares of the company’s stock worth $7,853,000 after purchasing an additional 306,399 shares in the last quarter.

VanEck Long Muni ETF Trading Up 0.1 %

MLN opened at $17.96 on Tuesday. The firm’s 50 day moving average is $17.82 and its 200 day moving average is $17.94.

VanEck Long Muni ETF 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.