Fifth Third Bancorp Increases Stock Position in VanEck Long Muni ETF $MLN

Fifth Third Bancorp increased its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 408.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 63,494 shares of the company’s stock after purchasing an additional 50,994 shares during the period. Fifth Third Bancorp owned 0.20% of VanEck Long Muni ETF worth $1,107,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MLN. NewEdge Advisors LLC raised its stake in VanEck Long Muni ETF by 71.3% in the first quarter. NewEdge Advisors LLC now owns 37,044 shares of the company’s stock worth $644,000 after buying an additional 15,423 shares in the last quarter. Jane Street Group LLC boosted its position in VanEck Long Muni ETF by 1,373.6% during the 1st quarter. Jane Street Group LLC now owns 476,539 shares of the company’s stock valued at $8,287,000 after acquiring an additional 444,200 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of VanEck Long Muni ETF by 2,657.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 415,844 shares of the company’s stock valued at $7,024,000 after acquiring an additional 400,763 shares during the period. Diversify Advisory Services LLC purchased a new position in shares of VanEck Long Muni ETF in the 2nd quarter valued at $209,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of VanEck Long Muni ETF by 4.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 173,364 shares of the company’s stock valued at $2,927,000 after acquiring an additional 8,123 shares during the period.

VanEck Long Muni ETF Price Performance

MLN opened at $17.39 on Friday. VanEck Long Muni ETF has a 12 month low of $16.52 and a 12 month high of $17.82. The stock has a fifty day moving average price of $17.60 and a 200-day moving average price of $17.58.

VanEck Long Muni ETF 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.