Bank of New York Mellon Corp Purchases 41,560 Shares of VanEck Long Muni ETF $MLN

Bank of New York Mellon Corp lifted its position in shares of VanEck Long Muni ETF (BATS:MLN) by 2.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,479,676 shares of the company’s stock after buying an additional 41,560 shares during the period. Bank of New York Mellon Corp owned about 4.63% of VanEck Long Muni ETF worth $25,806,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Wellington Management Group LLP bought a new position in shares of VanEck Long Muni ETF during the 3rd quarter valued at $28,681,000. Jane Street Group LLC boosted its position in VanEck Long Muni ETF by 291.0% during the second quarter. Jane Street Group LLC now owns 1,863,224 shares of the company’s stock valued at $31,470,000 after buying an additional 1,386,685 shares during the period. Raymond James Financial Inc. grew its stake in shares of VanEck Long Muni ETF by 37.5% during the third quarter. Raymond James Financial Inc. now owns 2,720,172 shares of the company’s stock valued at $47,549,000 after buying an additional 742,038 shares during the last quarter. LPL Financial LLC grew its stake in shares of VanEck Long Muni ETF by 36.2% during the fourth quarter. LPL Financial LLC now owns 1,929,772 shares of the company’s stock valued at $33,831,000 after buying an additional 512,405 shares during the last quarter. Finally, Kestra Investment Management LLC increased its holdings in shares of VanEck Long Muni ETF by 28.8% in the fourth quarter. Kestra Investment Management LLC now owns 2,244,274 shares of the company’s stock worth $39,344,000 after buying an additional 502,142 shares during the period.

VanEck Long Muni ETF Trading Up 0.3%

MLN opened at $17.44 on Tuesday. VanEck Long Muni ETF has a 12 month low of $16.52 and a 12 month high of $17.82. The business’s 50-day moving average price is $17.60 and its 200-day moving average price is $17.58.

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.