HighTower Advisors LLC Sells 17,765 Shares of VanEck CEF Muni Income ETF $XMPT

HighTower Advisors LLC reduced its stake in VanEck CEF Muni Income ETF (BATS:XMPT) by 21.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,046 shares of the company’s stock after selling 17,765 shares during the period. HighTower Advisors LLC owned approximately 0.80% of VanEck CEF Muni Income ETF worth $1,385,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of XMPT. Bank of America Corp DE increased its holdings in VanEck CEF Muni Income ETF by 61.3% in the 4th quarter. Bank of America Corp DE now owns 676,511 shares of the company’s stock valued at $14,549,000 after acquiring an additional 257,116 shares during the last quarter. GAMMA Investing LLC increased its holdings in VanEck CEF Muni Income ETF by 3,875.8% in the 1st quarter. GAMMA Investing LLC now owns 64,090 shares of the company’s stock valued at $1,386,000 after acquiring an additional 62,478 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in VanEck CEF Muni Income ETF by 13.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 317,707 shares of the company’s stock valued at $6,872,000 after acquiring an additional 36,986 shares during the last quarter. Clark Capital Management Group Inc. increased its holdings in VanEck CEF Muni Income ETF by 107.7% in the 4th quarter. Clark Capital Management Group Inc. now owns 65,657 shares of the company’s stock valued at $1,412,000 after acquiring an additional 34,050 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in VanEck CEF Muni Income ETF by 38.7% in the 4th quarter. Cetera Investment Advisers now owns 112,998 shares of the company’s stock valued at $2,430,000 after acquiring an additional 31,526 shares during the last quarter.

VanEck CEF Muni Income ETF Trading Down 3.0%

Shares of BATS XMPT opened at $20.87 on Tuesday. The firm’s fifty day moving average is $20.80 and its two-hundred day moving average is $21.10. VanEck CEF Muni Income ETF has a 52-week low of $19.73 and a 52-week high of $23.2065.

VanEck CEF Muni 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.