25,109 Shares in VanEck Long Muni ETF (BATS:MLN) Acquired by Strategic Financial Concepts LLC

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

A number of other large investors have also bought and sold shares of MLN. Eastern Bank bought a new stake in VanEck Long Muni ETF during the 3rd quarter worth approximately $28,000. Hennion & Walsh Asset Management Inc. increased its stake in VanEck Long Muni ETF by 4.6% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 477,125 shares of the company’s stock worth $8,731,000 after purchasing an additional 21,030 shares in the last quarter. West Michigan Advisors LLC increased its stake in VanEck Long Muni ETF by 73.6% during the 3rd quarter. West Michigan Advisors LLC now owns 21,452 shares of the company’s stock worth $393,000 after purchasing an additional 9,098 shares in the last quarter. Hedeker Wealth LLC increased its stake in VanEck Long Muni ETF by 214.9% during the 3rd quarter. Hedeker Wealth LLC now owns 81,521 shares of the company’s stock worth $1,492,000 after purchasing an additional 55,635 shares in the last quarter. Finally, JFS Wealth Advisors LLC bought a new stake in VanEck Long Muni ETF during the 3rd quarter worth approximately $430,000.

VanEck Long Muni ETF Price Performance

Shares of MLN opened at $17.74 on Thursday. The business’s fifty day simple moving average is $17.79 and its 200 day simple moving average is $17.99.

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.