Compass Financial Management LLC Acquires New Holdings in VanEck CEF Muni Income ETF $XMPT

Compass Financial Management LLC bought a new position in VanEck CEF Muni Income ETF (BATS:XMPT) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 319,364 shares of the company’s stock, valued at approximately $7,135,000. VanEck CEF Muni Income ETF makes up approximately 0.8% of Compass Financial Management LLC’s investment portfolio, making the stock its 26th biggest holding. Compass Financial Management LLC owned about 3.95% of VanEck CEF Muni Income ETF as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of XMPT. Royal Bank of Canada increased its holdings in shares of VanEck CEF Muni Income ETF by 0.6% in the fourth quarter. Royal Bank of Canada now owns 146,701 shares of the company’s stock worth $3,210,000 after purchasing an additional 946 shares during the period. WealthShield Partners LLC boosted its stake in VanEck CEF Muni Income ETF by 14.4% during the fourth quarter. WealthShield Partners LLC now owns 9,115 shares of the company’s stock valued at $199,000 after buying an additional 1,145 shares during the period. Advisory Services Network LLC bought a new stake in VanEck CEF Muni Income ETF during the third quarter valued at $26,000. Bank of America Corp DE grew its position in VanEck CEF Muni Income ETF by 0.3% during the first quarter. Bank of America Corp DE now owns 489,769 shares of the company’s stock worth $10,530,000 after buying an additional 1,258 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its position in VanEck CEF Muni Income ETF by 9.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 16,139 shares of the company’s stock worth $361,000 after buying an additional 1,436 shares in the last quarter.

VanEck CEF Muni Income ETF Stock Performance

Shares of BATS XMPT opened at $21.57 on Friday. The stock’s 50-day simple moving average is $21.85 and its two-hundred day simple moving average is $21.89. VanEck CEF Muni Income ETF has a twelve month low of $20.82 and a twelve month high of $22.66.

VanEck CEF Muni Income ETF Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.