GAMMA Investing LLC Raises Stock Position in VanEck Long Muni ETF (BATS:MLN)

GAMMA Investing LLC increased its stake in VanEck Long Muni ETF (BATS:MLN) by 30.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,213 shares of the company’s stock after acquiring an additional 11,419 shares during the period. GAMMA Investing LLC owned approximately 0.19% of VanEck Long Muni ETF worth $901,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kestra Investment Management LLC acquired a new stake in VanEck Long Muni ETF in the 2nd quarter valued at about $4,575,000. Sanctuary Advisors LLC acquired a new stake in VanEck Long Muni ETF in the second quarter valued at approximately $4,363,000. Legacy CG LLC purchased a new position in VanEck Long Muni ETF in the second quarter worth approximately $4,129,000. Pineridge Advisors LLC acquired a new position in VanEck Long Muni ETF during the 4th quarter worth approximately $4,131,000. Finally, Commonwealth Equity Services LLC increased its position in shares of VanEck Long Muni ETF by 396.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 245,586 shares of the company’s stock valued at $4,386,000 after purchasing an additional 196,097 shares during the last quarter.

VanEck Long Muni ETF Price Performance

VanEck Long Muni ETF stock opened at $18.13 on Tuesday. The stock’s 50-day moving average price is $18.16 and its two-hundred day moving average price is $17.97.

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.