Cetera Investment Advisers Has $2.43 Million Stock Position in VanEck CEF Municipal Income ETF (BATS:XMPT)

Cetera Investment Advisers raised its stake in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) by 38.7% during the fourth quarter, Holdings Channel reports. The firm owned 112,998 shares of the company’s stock after buying an additional 31,526 shares during the period. Cetera Investment Advisers’ holdings in VanEck CEF Municipal Income ETF were worth $2,430,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. IHT Wealth Management LLC acquired a new position in shares of VanEck CEF Municipal Income ETF in the 4th quarter worth approximately $227,000. Riverbridge Partners LLC acquired a new position in shares of VanEck CEF Municipal Income ETF in the 4th quarter worth approximately $239,000. Commonwealth Equity Services LLC boosted its holdings in shares of VanEck CEF Municipal Income ETF by 8.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 166,204 shares of the company’s stock worth $3,575,000 after acquiring an additional 12,336 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of VanEck CEF Municipal Income ETF by 157.3% in the 4th quarter. Principal Securities Inc. now owns 24,504 shares of the company’s stock worth $527,000 after acquiring an additional 14,980 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in shares of VanEck CEF Municipal Income ETF by 113.7% in the 4th quarter. Park Avenue Securities LLC now owns 36,836 shares of the company’s stock worth $792,000 after acquiring an additional 19,595 shares in the last quarter.

VanEck CEF Municipal Income ETF Price Performance

Shares of XMPT opened at $21.11 on Monday. VanEck CEF Municipal Income ETF has a one year low of $19.73 and a one year high of $23.21. The business’s 50 day simple moving average is $21.08 and its 200-day simple moving average is $21.72.

VanEck CEF Municipal Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders 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.