Legacy CG LLC Sells 4,570 Shares of VanEck Long Muni ETF (BATS:MLN)

Legacy CG LLC cut its stake in shares of VanEck Long Muni ETF (BATS:MLN) by 1.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 259,343 shares of the company’s stock after selling 4,570 shares during the quarter. Legacy CG LLC’s holdings in VanEck Long Muni ETF were worth $4,637,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MLN. Eastern Bank acquired a new stake in VanEck Long Muni ETF during the 3rd quarter worth about $28,000. FMR LLC increased its holdings in VanEck Long Muni ETF by 2,371.0% in the third quarter. FMR LLC now owns 4,769 shares of the company’s stock worth $87,000 after purchasing an additional 4,576 shares in the last quarter. Transcendent Capital Group LLC boosted its holdings in shares of VanEck Long Muni ETF by 26.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 6,122 shares of the company’s stock worth $112,000 after buying an additional 1,262 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of VanEck Long Muni ETF in the 4th quarter valued at $249,000. Finally, Stephens Inc. AR bought a new stake in VanEck Long Muni ETF in the third quarter valued at $361,000.

VanEck Long Muni ETF Trading Up 2.2 %

MLN stock opened at $17.91 on Thursday. The stock’s 50-day moving average is $17.88 and its 200-day moving average is $18.01.

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.