Stifel Financial Corp Acquires 306,399 Shares of VanEck Long Muni ETF (BATS:MLN)

Stifel Financial Corp boosted its holdings in shares of VanEck Long Muni ETF (BATS:MLNFree Report) by 247.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 430,286 shares of the company’s stock after acquiring an additional 306,399 shares during the quarter. Stifel Financial Corp owned 1.75% of VanEck Long Muni ETF worth $7,853,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MLN. Avantax Advisory Services Inc. acquired a new position in shares of VanEck Long Muni ETF in the 3rd quarter worth approximately $306,000. HighTower Advisors LLC lifted its position in shares of VanEck Long Muni ETF by 819.1% in the 3rd quarter. HighTower Advisors LLC now owns 182,408 shares of the company’s stock worth $3,051,000 after purchasing an additional 162,561 shares during the period. UBS Group AG lifted its position in shares of VanEck Long Muni ETF by 9.5% in the 3rd quarter. UBS Group AG now owns 396,637 shares of the company’s stock worth $6,628,000 after purchasing an additional 34,481 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of VanEck Long Muni ETF in the 3rd quarter worth approximately $436,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of VanEck Long Muni ETF by 10.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 482,701 shares of the company’s stock worth $8,066,000 after purchasing an additional 45,614 shares during the period.

VanEck Long Muni ETF Stock Performance

Shares of BATS MLN opened at $17.91 on Friday. The stock has a 50-day moving average price of $17.77 and a 200 day moving average price of $17.91.

About VanEck Long Muni ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Long Muni ETF (BATS:MLN)

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