Hedeker Wealth LLC Lowers Stake in VanEck Long Muni ETF (BATS:MLN)

Hedeker Wealth LLC lowered its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 36.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,174 shares of the company’s stock after selling 25,455 shares during the quarter. Hedeker Wealth LLC owned 0.17% of VanEck Long Muni ETF worth $796,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. CAP Partners LLC purchased a new stake in shares of VanEck Long Muni ETF during the 1st quarter valued at $270,000. Hennion & Walsh Asset Management Inc. lifted its stake in VanEck Long Muni ETF by 84.7% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 266,148 shares of the company’s stock worth $4,793,000 after purchasing an additional 122,067 shares during the last quarter. Bowman & Co S.C. bought a new stake in VanEck Long Muni ETF in the first quarter worth $980,000. Capital Advisors Wealth Management LLC raised its stake in shares of VanEck Long Muni ETF by 63.5% during the first quarter. Capital Advisors Wealth Management LLC now owns 39,191 shares of the company’s stock valued at $706,000 after acquiring an additional 15,225 shares during the last quarter. Finally, FOCUS Wealth Advisors LLC raised its stake in shares of VanEck Long Muni ETF by 80.4% during the first quarter. FOCUS Wealth Advisors LLC now owns 48,306 shares of the company’s stock valued at $870,000 after acquiring an additional 21,525 shares during the last quarter.

VanEck Long Muni ETF Trading Up 0.3 %

Shares of BATS:MLN traded up $0.06 during midday trading on Wednesday, hitting $17.83. 200,742 shares of the stock traded hands. The stock’s 50 day simple moving average is $17.84 and its 200 day simple moving average is $17.94.

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.