Foster & Motley Inc. Sells 3,419 Shares of VanEck Long Muni ETF (BATS:MLN)

Foster & Motley Inc. reduced its stake in VanEck Long Muni ETF (BATS:MLNFree Report) by 16.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,780 shares of the company’s stock after selling 3,419 shares during the period. Foster & Motley Inc. owned 0.07% of VanEck Long Muni ETF worth $306,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc increased its position in shares of VanEck Long Muni ETF by 171.0% during the fourth quarter. Versant Capital Management Inc now owns 3,488 shares of the company’s stock worth $64,000 after acquiring an additional 2,201 shares in the last quarter. Private Trust Co. NA increased its position in shares of VanEck Long Muni ETF by 309.3% during the third quarter. Private Trust Co. NA now owns 3,884 shares of the company’s stock worth $65,000 after acquiring an additional 2,935 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of VanEck Long Muni ETF during the third quarter worth about $121,000. Redhawk Wealth Advisors Inc. bought a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth about $200,000. Finally, Collective Family Office LLC bought a new stake in shares of VanEck Long Muni ETF during the fourth quarter worth about $206,000.

VanEck Long Muni ETF Stock Down 0.1 %

BATS:MLN opened at $17.72 on Thursday. The stock’s 50 day simple moving average is $17.92 and its 200-day simple moving average is $17.66.

VanEck Long Muni ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for VanEck Long Muni ETF (BATS:MLN)

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