Harborview Advisors LLC bought a new position in VanEck Vectors CEF Municipal Income ETF (NYSEARCA:XMPT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 65,470 shares of the company’s stock, valued at approximately $1,708,000. VanEck Vectors CEF Municipal Income ETF comprises approximately 1.5% of Harborview Advisors LLC’s portfolio, making the stock its 14th largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Raymond James Financial Services Advisors Inc. lifted its holdings in VanEck Vectors CEF Municipal Income ETF by 21.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 251,281 shares of the company’s stock worth $6,001,000 after acquiring an additional 45,042 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of VanEck Vectors CEF Municipal Income ETF by 50.2% during the fourth quarter. Bank of America Corp DE now owns 226,525 shares of the company’s stock valued at $5,409,000 after buying an additional 75,694 shares during the last quarter. Cardan Capital Partners LLC bought a new stake in shares of VanEck Vectors CEF Municipal Income ETF during the fourth quarter valued at approximately $4,983,000. Morgan Stanley raised its holdings in shares of VanEck Vectors CEF Municipal Income ETF by 10.6% during the third quarter. Morgan Stanley now owns 141,882 shares of the company’s stock valued at $3,503,000 after buying an additional 13,546 shares during the last quarter. Finally, 6 Meridian raised its holdings in shares of VanEck Vectors CEF Municipal Income ETF by 14.1% during the first quarter. 6 Meridian now owns 140,518 shares of the company’s stock valued at $3,665,000 after buying an additional 17,405 shares during the last quarter.

Shares of XMPT traded down $0.07 during mid-day trading on Monday, reaching $25.83. 1,956 shares of the company’s stock traded hands, compared to its average volume of 46,085. VanEck Vectors CEF Municipal Income ETF has a 12 month low of $23.01 and a 12 month high of $26.16.

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.088 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date was Monday, April 1st. This is a boost from VanEck Vectors CEF Municipal Income ETF’s previous monthly dividend of $0.09.

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Institutional Ownership by Quarter for VanEck Vectors CEF Municipal Income ETF (NYSEARCA:XMPT)

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