AE Wealth Management LLC Raises Stock Position in VanEck Long Muni ETF (BATS:MLN)

AE Wealth Management LLC grew its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 33.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 122,714 shares of the company’s stock after acquiring an additional 30,749 shares during the period. AE Wealth Management LLC owned about 0.49% of VanEck Long Muni ETF worth $2,192,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Larson Financial Group LLC purchased a new position in VanEck Long Muni ETF during the 2nd quarter worth $41,000. Concourse Financial Group Securities Inc. raised its holdings in shares of VanEck Long Muni ETF by 84.7% in the first quarter. Concourse Financial Group Securities Inc. now owns 2,468 shares of the company’s stock valued at $44,000 after acquiring an additional 1,132 shares in the last quarter. Aspire Private Capital LLC lifted its stake in VanEck Long Muni ETF by 74.2% in the second quarter. Aspire Private Capital LLC now owns 2,488 shares of the company’s stock worth $44,000 after acquiring an additional 1,060 shares during the period. Comerica Bank grew its holdings in VanEck Long Muni ETF by 10,816.0% during the 1st quarter. Comerica Bank now owns 2,729 shares of the company’s stock worth $49,000 after acquiring an additional 2,704 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new position in VanEck Long Muni ETF during the 1st quarter valued at about $56,000.

VanEck Long Muni ETF Price Performance

Shares of MLN opened at $18.23 on Tuesday. The stock has a fifty day simple moving average of $18.12 and a 200 day simple moving average of $17.95.

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.