Commonwealth Equity Services LLC Has $3.58 Million Holdings in VanEck CEF Municipal Income ETF (BATS:XMPT)

Commonwealth Equity Services LLC grew its holdings in VanEck CEF Municipal Income ETF (BATS:XMPT) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,204 shares of the company’s stock after buying an additional 12,336 shares during the period. Commonwealth Equity Services LLC owned 1.56% of VanEck CEF Municipal Income ETF worth $3,575,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Proficio Capital Partners LLC acquired a new stake in VanEck CEF Municipal Income ETF during the 4th quarter valued at $2,292,000. Park Avenue Securities LLC raised its position in shares of VanEck CEF Municipal Income ETF by 113.7% in the fourth quarter. Park Avenue Securities LLC now owns 36,836 shares of the company’s stock valued at $792,000 after purchasing an additional 19,595 shares during the period. Hedeker Wealth LLC lifted its stake in shares of VanEck CEF Municipal Income ETF by 99.3% during the 4th quarter. Hedeker Wealth LLC now owns 89,529 shares of the company’s stock worth $1,925,000 after buying an additional 44,603 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of VanEck CEF Municipal Income ETF by 157.3% during the 4th quarter. Principal Securities Inc. now owns 24,504 shares of the company’s stock worth $527,000 after buying an additional 14,980 shares during the period. Finally, Riverbridge Partners LLC acquired a new position in VanEck CEF Municipal Income ETF in the 4th quarter valued at about $239,000.

VanEck CEF Municipal Income ETF Stock Performance

Shares of XMPT stock opened at $21.83 on Tuesday. VanEck CEF Municipal Income ETF has a 12-month low of $20.69 and a 12-month high of $23.21. The firm has a 50 day moving average price of $21.94 and a two-hundred day moving average price of $22.27.

VanEck CEF Municipal Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1056 per share. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck CEF Municipal Income ETF Company Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.