Strategic Financial Concepts LLC Acquires Shares of 25,109 VanEck Long Muni ETF (BATS:MLN)

Strategic Financial Concepts LLC bought a new stake in shares of VanEck Long Muni ETF (BATS:MLN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,109 shares of the company’s stock, valued at approximately $449,000. Strategic Financial Concepts LLC owned 0.10% of VanEck Long Muni ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MLN. Raymond James & Associates boosted its stake in shares of VanEck Long Muni ETF by 56.2% during the third quarter. Raymond James & Associates now owns 3,427,963 shares of the company’s stock valued at $62,732,000 after purchasing an additional 1,232,833 shares during the period. HighTower Advisors LLC boosted its stake in shares of VanEck Long Muni ETF by 14.6% during the third quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock valued at $30,604,000 after purchasing an additional 213,478 shares during the period. Confluence Investment Management LLC purchased a new stake in shares of VanEck Long Muni ETF during the fourth quarter valued at $3,682,000. Kestra Investment Management LLC boosted its stake in shares of VanEck Long Muni ETF by 61.9% during the third quarter. Kestra Investment Management LLC now owns 414,848 shares of the company’s stock valued at $7,592,000 after purchasing an additional 158,682 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of VanEck Long Muni ETF by 74.5% during the third quarter. Janney Montgomery Scott LLC now owns 321,758 shares of the company’s stock valued at $5,888,000 after purchasing an additional 137,394 shares during the period.

VanEck Long Muni ETF Stock Up 0.7 %

Shares of MLN opened at $17.66 on Thursday. The company’s 50-day moving average is $17.84 and its two-hundred day moving average is $18.00.

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.