Confluence Investment Management LLC Has $4.23 Million Holdings in VanEck Long Muni ETF $MLN

Confluence Investment Management LLC decreased its position in shares of VanEck Long Muni ETF (BATS:MLN) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,578 shares of the company’s stock after selling 1,258 shares during the quarter. Confluence Investment Management LLC owned 0.80% of VanEck Long Muni ETF worth $4,232,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. CreativeOne Wealth LLC boosted its position in shares of VanEck Long Muni ETF by 1.0% during the 1st quarter. CreativeOne Wealth LLC now owns 60,995 shares of the company’s stock worth $1,061,000 after acquiring an additional 612 shares in the last quarter. CAP Partners LLC boosted its holdings in shares of VanEck Long Muni ETF by 3.3% in the 1st quarter. CAP Partners LLC now owns 23,506 shares of the company’s stock valued at $409,000 after purchasing an additional 752 shares in the last quarter. Stephens Inc. AR increased its stake in shares of VanEck Long Muni ETF by 5.1% in the 1st quarter. Stephens Inc. AR now owns 20,888 shares of the company’s stock valued at $363,000 after purchasing an additional 1,007 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of VanEck Long Muni ETF by 5.0% during the 1st quarter. IFP Advisors Inc now owns 29,114 shares of the company’s stock worth $506,000 after buying an additional 1,375 shares in the last quarter. Finally, Choreo LLC lifted its position in shares of VanEck Long Muni ETF by 13.9% during the 1st quarter. Choreo LLC now owns 13,900 shares of the company’s stock worth $242,000 after buying an additional 1,700 shares during the last quarter.

VanEck Long Muni ETF Stock Down 0.6%

BATS:MLN opened at $17.42 on Friday. VanEck Long Muni ETF has a twelve month low of $16.08 and a twelve month high of $18.34. The stock’s 50-day simple moving average is $16.80 and its 200 day simple moving average is $16.98.

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.