West Michigan Advisors LLC Acquires 9,098 Shares of VanEck Long Muni ETF (BATS:MLN)

West Michigan Advisors LLC lifted its position in VanEck Long Muni ETF (BATS:MLN) by 73.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,452 shares of the company’s stock after purchasing an additional 9,098 shares during the period. West Michigan Advisors LLC owned about 0.08% of VanEck Long Muni ETF worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of MLN. Eastern Bank purchased a new stake in shares of VanEck Long Muni ETF in the third quarter worth $28,000. Larson Financial Group LLC purchased a new stake in shares of VanEck Long Muni ETF in the second quarter worth $41,000. Concourse Financial Group Securities Inc. increased its stake in shares of VanEck Long Muni ETF by 84.7% in the first quarter. Concourse Financial Group Securities Inc. now owns 2,468 shares of the company’s stock worth $44,000 after purchasing an additional 1,132 shares in the last quarter. Aspire Private Capital LLC increased its stake in shares of VanEck Long Muni ETF by 74.2% in the second quarter. Aspire Private Capital LLC now owns 2,488 shares of the company’s stock worth $44,000 after purchasing an additional 1,060 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of VanEck Long Muni ETF by 10,816.0% in the first quarter. Comerica Bank now owns 2,729 shares of the company’s stock worth $49,000 after purchasing an additional 2,704 shares in the last quarter.

VanEck Long Muni ETF Price Performance

MLN opened at $17.85 on Friday. The company’s fifty day moving average is $18.14 and its two-hundred day moving average is $17.98.

About VanEck Long Muni ETF

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.