Transcendent Capital Group LLC Cuts Stock Position in VanEck Long Muni ETF (BATS:MLN)

Transcendent Capital Group LLC lessened its position in VanEck Long Muni ETF (BATS:MLN) by 35.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,961 shares of the company’s stock after selling 2,161 shares during the period. Transcendent Capital Group LLC’s holdings in VanEck Long Muni ETF were worth $71,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its position 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 valued at $87,000 after purchasing an additional 4,576 shares during the period. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of VanEck Long Muni ETF in the 4th quarter valued at approximately $249,000. Stephens Inc. AR purchased a new stake in shares of VanEck Long Muni ETF in the third quarter valued at approximately $361,000. CAP Partners LLC grew its holdings in VanEck Long Muni ETF by 13.5% during the third quarter. CAP Partners LLC now owns 21,121 shares of the company’s stock worth $387,000 after acquiring an additional 2,520 shares during the period. Finally, JFS Wealth Advisors LLC purchased a new position in VanEck Long Muni ETF in the third quarter worth $430,000.

VanEck Long Muni ETF Stock Performance

Shares of BATS MLN opened at $17.80 on Tuesday. The stock’s 50 day moving average is $17.77 and its two-hundred day moving average is $17.98.

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.