246,941 Shares in VanEck Long Muni ETF (BATS:MLN) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in VanEck Long Muni ETF (BATS:MLN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 246,941 shares of the company’s stock, valued at approximately $4,363,000. Sanctuary Advisors LLC owned approximately 0.98% of VanEck Long Muni ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its stake in shares of VanEck Long Muni ETF by 20.9% in the first quarter. Commonwealth Equity Services LLC now owns 49,489 shares of the company’s stock valued at $891,000 after buying an additional 8,553 shares during the period. Aspire Private Capital LLC raised its stake in shares of VanEck Long Muni ETF by 74.2% during the second quarter. Aspire Private Capital LLC now owns 2,488 shares of the company’s stock valued at $44,000 after acquiring an additional 1,060 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of VanEck Long Muni ETF by 84.7% during the first quarter. Concourse Financial Group Securities Inc. now owns 2,468 shares of the company’s stock worth $44,000 after purchasing an additional 1,132 shares during the period. PNC Financial Services Group Inc. bought a new stake in shares of VanEck Long Muni ETF in the fourth quarter worth $126,000. Finally, Transcendent Capital Group LLC acquired a new stake in VanEck Long Muni ETF in the fourth quarter valued at $80,000.

VanEck Long Muni ETF Price Performance

Shares of BATS:MLN opened at $18.16 on Friday. The stock’s 50-day moving average is $18.16 and its two-hundred day moving average is $17.97.

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.