VanEck CEF Muni Income ETF $XMPT Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in VanEck CEF Muni Income ETF (BATS:XMPT) by 19.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 349,272 shares of the company’s stock after purchasing an additional 56,189 shares during the quarter. Envestnet Asset Management Inc. owned about 4.32% of VanEck CEF Muni Income ETF worth $7,646,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of XMPT. Royal Bank of Canada grew its stake in shares of VanEck CEF Muni Income ETF by 23.6% in the 1st quarter. Royal Bank of Canada now owns 165,207 shares of the company’s stock valued at $3,573,000 after buying an additional 31,500 shares during the period. Atria Investments Inc acquired a new position in VanEck CEF Muni Income ETF in the second quarter valued at approximately $544,000. Allworth Financial LP purchased a new position in VanEck CEF Muni Income ETF in the second quarter worth approximately $91,000. Investment Partners LTD. increased its stake in VanEck CEF Muni Income ETF by 1.4% during the second quarter. Investment Partners LTD. now owns 53,245 shares of the company’s stock worth $1,118,000 after acquiring an additional 734 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in VanEck CEF Muni Income ETF by 1.4% during the second quarter. Cetera Investment Advisers now owns 124,936 shares of the company’s stock worth $2,622,000 after acquiring an additional 1,693 shares during the last quarter.

VanEck CEF Muni Income ETF Stock Up 0.3%

Shares of VanEck CEF Muni Income ETF stock opened at $22.48 on Friday. VanEck CEF Muni Income ETF has a 52 week low of $19.73 and a 52 week high of $22.52. The business’s fifty day simple moving average is $22.07 and its 200-day simple moving average is $21.78.

VanEck CEF Muni Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1057 per share. This represents a c) annualized dividend and a yield of 5.6%. This is a boost from VanEck CEF Muni Income ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, February 2nd.

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.