103,441 VanEck Long Muni ETF $MLN Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC lowered its stake in VanEck Long Muni ETF (BATS:MLN) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 530,946 shares of the company’s stock after selling 103,441 shares during the quarter. Tortoise Investment Management LLC owned 1.18% of VanEck Long Muni ETF worth $8,668,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Kestra Investment Management LLC boosted its stake in VanEck Long Muni ETF by 2.5% during the third quarter. Kestra Investment Management LLC now owns 4,066,545 shares of the company’s stock worth $66,386,000 after acquiring an additional 98,547 shares in the last quarter. Bank of America Corp DE grew its holdings in VanEck Long Muni ETF by 7.6% in the first quarter. Bank of America Corp DE now owns 3,326,592 shares of the company’s stock worth $58,016,000 after purchasing an additional 234,656 shares during the period. Kestra Advisory Services LLC grew its holdings in VanEck Long Muni ETF by 432.7% in the third quarter. Kestra Advisory Services LLC now owns 1,497,269 shares of the company’s stock worth $24,443,000 after purchasing an additional 1,216,206 shares during the period. Bank of New York Mellon Corp increased its stake in VanEck Long Muni ETF by 2.9% in the first quarter. Bank of New York Mellon Corp now owns 1,479,676 shares of the company’s stock valued at $25,806,000 after purchasing an additional 41,560 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in VanEck Long Muni ETF in the third quarter valued at $15,835,000.

VanEck Long Muni ETF Stock Down 1.2%

MLN opened at $16.83 on Friday. The company has a fifty day moving average price of $16.64 and a two-hundred day moving average price of $17.32. VanEck Long Muni ETF has a 1-year low of $16.04 and a 1-year high of $17.82.

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.