GAMMA Investing LLC Has $93,000 Stock Position in VanEck Long Muni ETF $MLN

GAMMA Investing LLC lowered its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 86.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,490 shares of the company’s stock after selling 36,272 shares during the period. GAMMA Investing LLC’s holdings in VanEck Long Muni ETF were worth $93,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC acquired a new stake in VanEck Long Muni ETF during the first quarter worth approximately $188,000. Janney Montgomery Scott LLC boosted its holdings in VanEck Long Muni ETF by 23.6% in the first quarter. Janney Montgomery Scott LLC now owns 421,681 shares of the company’s stock worth $7,333,000 after acquiring an additional 80,587 shares in the last quarter. Kestra Private Wealth Services LLC bought a new position in VanEck Long Muni ETF in the first quarter worth approximately $251,000. Envestnet Asset Management Inc. boosted its holdings in VanEck Long Muni ETF by 67.5% in the first quarter. Envestnet Asset Management Inc. now owns 1,216,903 shares of the company’s stock worth $21,162,000 after acquiring an additional 490,454 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in VanEck Long Muni ETF by 7.5% in the first quarter. LPL Financial LLC now owns 260,232 shares of the company’s stock worth $4,525,000 after acquiring an additional 18,059 shares in the last quarter.

VanEck Long Muni ETF Trading Down 0.4%

Shares of BATS:MLN opened at $17.46 on Thursday. The business’s 50 day simple moving average is $17.00 and its two-hundred day simple moving average is $16.96. VanEck Long Muni ETF has a 52-week low of $16.08 and a 52-week high of $18.34.

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.