CAP Partners LLC Purchases Shares of 15,005 VanEck Long Muni ETF (BATS:MLN)

CAP Partners LLC bought a new position in VanEck Long Muni ETF (BATS:MLN) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,005 shares of the company’s stock, valued at approximately $270,000. CAP Partners LLC owned approximately 0.06% of VanEck Long Muni ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. bought a new stake in shares of VanEck Long Muni ETF in the 4th quarter worth $31,000. GAMMA Investing LLC purchased a new position in shares of VanEck Long Muni ETF in the 1st quarter worth about $56,000. Versant Capital Management Inc boosted its holdings in shares of VanEck Long Muni ETF by 171.0% in the 4th quarter. Versant Capital Management Inc now owns 3,488 shares of the company’s stock worth $64,000 after buying an additional 2,201 shares during the last quarter. Transcendent Capital Group LLC purchased a new position in shares of VanEck Long Muni ETF in the 4th quarter worth about $80,000. Finally, PNC Financial Services Group Inc. purchased a new position in shares of VanEck Long Muni ETF in the 4th quarter worth about $126,000.

VanEck Long Muni ETF Stock Performance

Shares of BATS:MLN traded up $0.05 during midday trading on Tuesday, reaching $17.83. The company had a trading volume of 200,742 shares. The stock has a 50-day simple moving average of $17.84 and a 200 day simple moving average of $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.