Cambridge Investment Research Advisors Inc. Reduces Stake in VanEck CEF Muni Income ETF (BATS:XMPT)

Cambridge Investment Research Advisors Inc. lowered its position in VanEck CEF Muni Income ETF (BATS:XMPT) by 7.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,415 shares of the company’s stock after selling 988 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.15% of VanEck CEF Muni Income ETF worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC boosted its position in VanEck CEF Muni Income ETF by 83.8% in the 1st quarter. GAMMA Investing LLC now owns 2,963 shares of the company’s stock worth $64,000 after purchasing an additional 1,351 shares in the last quarter. IHT Wealth Management LLC acquired a new position in shares of VanEck CEF Muni Income ETF during the 4th quarter worth approximately $227,000. Nuveen Asset Management LLC raised its stake in shares of VanEck CEF Muni Income ETF by 35.9% during the 4th quarter. Nuveen Asset Management LLC now owns 17,036 shares of the company’s stock worth $366,000 after buying an additional 4,500 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of VanEck CEF Muni Income ETF during the 4th quarter worth approximately $674,000. Finally, Maridea Wealth Management LLC acquired a new position in shares of VanEck CEF Muni Income ETF during the 4th quarter worth approximately $893,000.

VanEck CEF Muni Income ETF Stock Down 3.0%

Shares of XMPT stock opened at $20.88 on Friday. The stock has a 50 day simple moving average of $20.89 and a 200-day simple moving average of $21.32. VanEck CEF Muni Income ETF has a 1-year low of $19.73 and a 1-year high of $23.21.

About VanEck CEF Muni 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.