Fidelity D & D Bancorp Inc. Has $20.78 Million Position in VanEck CEF Municipal Income ETF (BATS:XMPT)

Fidelity D & D Bancorp Inc. grew its position in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) by 5.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 959,854 shares of the company’s stock after purchasing an additional 50,980 shares during the quarter. VanEck CEF Municipal Income ETF comprises approximately 15.6% of Fidelity D & D Bancorp Inc.’s investment portfolio, making the stock its largest position. Fidelity D & D Bancorp Inc. owned approximately 8.85% of VanEck CEF Municipal Income ETF worth $20,781,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Marcum Wealth LLC boosted its holdings in shares of VanEck CEF Municipal Income ETF by 4.5% in the 1st quarter. Marcum Wealth LLC now owns 931,136 shares of the company’s stock worth $20,159,000 after buying an additional 40,099 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of VanEck CEF Municipal Income ETF by 24.4% in the 1st quarter. Park Avenue Securities LLC now owns 37,403 shares of the company’s stock worth $810,000 after buying an additional 7,335 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of VanEck CEF Municipal Income ETF in the 4th quarter worth about $522,000. Sykon Capital LLC purchased a new position in shares of VanEck CEF Municipal Income ETF in the 4th quarter worth about $814,000. Finally, Aveo Capital Partners LLC purchased a new position in shares of VanEck CEF Municipal Income ETF in the 4th quarter worth about $206,000.

VanEck CEF Municipal Income ETF Stock Performance

VanEck CEF Municipal Income ETF stock traded up $0.02 during midday trading on Friday, reaching $22.01. The stock had a trading volume of 23,682 shares. The business has a 50 day moving average of $21.40 and a 200-day moving average of $21.33.

VanEck CEF Municipal Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 6th. Shareholders of record on Monday, June 3rd were issued a $0.0856 dividend. This is an increase from VanEck CEF Municipal Income ETF’s previous dividend of $0.08. The ex-dividend date was Monday, June 3rd.

VanEck CEF Municipal 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.