Cetera Investment Advisers Acquires 31,526 Shares of VanEck CEF Municipal Income ETF (BATS:XMPT)

Cetera Investment Advisers increased its holdings in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) by 38.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 112,998 shares of the company’s stock after purchasing an additional 31,526 shares during the quarter. Cetera Investment Advisers owned 1.06% of VanEck CEF Municipal Income ETF worth $2,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IHT Wealth Management LLC bought a new position in VanEck CEF Municipal Income ETF in the fourth quarter valued at about $227,000. Riverbridge Partners LLC bought a new position in shares of VanEck CEF Municipal Income ETF in the fourth quarter worth about $239,000. Principal Securities Inc. raised its stake in shares of VanEck CEF Municipal Income ETF by 157.3% in the fourth 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. Park Avenue Securities LLC raised its stake 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 worth $792,000 after buying an additional 19,595 shares during the period. Finally, Maridea Wealth Management LLC bought a new position in shares of VanEck CEF Municipal Income ETF in the fourth quarter worth about $893,000.

VanEck CEF Municipal Income ETF Stock Down 1.9%

BATS XMPT opened at $21.11 on Monday. The stock’s 50-day moving average price is $21.08 and its 200-day moving average price is $21.72. VanEck CEF Municipal Income ETF has a 52 week low of $19.73 and a 52 week high of $23.21.

VanEck CEF Municipal Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1056 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About VanEck CEF Municipal Income ETF

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.