CFO4Life Group LLC Sells 5,850 Shares of VanEck Long Muni ETF (BATS:MLN)

CFO4Life Group LLC lowered its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 12.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,630 shares of the company’s stock after selling 5,850 shares during the quarter. CFO4Life Group LLC’s holdings in VanEck Long Muni ETF were worth $750,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Raymond James & Associates boosted its position in VanEck Long Muni ETF by 42.7% during the first quarter. Raymond James & Associates now owns 2,270,524 shares of the company’s stock worth $40,892,000 after purchasing an additional 679,011 shares during the period. Avidian Wealth Solutions LLC boosted its position in VanEck Long Muni ETF by 7.1% during the fourth quarter. Avidian Wealth Solutions LLC now owns 705,320 shares of the company’s stock worth $12,872,000 after purchasing an additional 46,481 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in VanEck Long Muni ETF by 23.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 702,543 shares of the company’s stock worth $12,821,000 after purchasing an additional 133,199 shares during the period. Gateway Advisory LLC bought a new position in VanEck Long Muni ETF during the fourth quarter worth about $9,068,000. Finally, Stifel Financial Corp boosted its position in VanEck Long Muni ETF by 247.3% during the fourth quarter. Stifel Financial Corp now owns 430,286 shares of the company’s stock worth $7,853,000 after purchasing an additional 306,399 shares during the period.

VanEck Long Muni ETF Stock Up 0.4 %

BATS:MLN traded up $0.07 on Friday, reaching $18.01. 204,696 shares of the company’s stock were exchanged. The company has a 50 day moving average of $17.87 and a two-hundred day moving average of $17.93.

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.