NewEdge Wealth LLC Sells 84,192 Shares of VanEck Long Muni ETF $MLN

NewEdge Wealth LLC lessened its position in VanEck Long Muni ETF (BATS:MLN) by 42.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 116,028 shares of the company’s stock after selling 84,192 shares during the period. NewEdge Wealth LLC owned approximately 0.36% of VanEck Long Muni ETF worth $2,034,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP bought a new stake in shares of VanEck Long Muni ETF in the third quarter worth about $28,681,000. Jane Street Group LLC increased its position in shares of VanEck Long Muni ETF by 291.0% during the second quarter. Jane Street Group LLC now owns 1,863,224 shares of the company’s stock worth $31,470,000 after acquiring an additional 1,386,685 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of VanEck Long Muni ETF by 41.8% during the third quarter. Envestnet Asset Management Inc. now owns 4,253,697 shares of the company’s stock worth $74,355,000 after buying an additional 1,254,711 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of VanEck Long Muni ETF by 37.5% during the third quarter. Raymond James Financial Inc. now owns 2,720,172 shares of the company’s stock worth $47,549,000 after buying an additional 742,038 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of VanEck Long Muni ETF by 17.2% during the second quarter. Bank of America Corp DE now owns 2,849,992 shares of the company’s stock worth $48,136,000 after buying an additional 418,415 shares in the last quarter.

VanEck Long Muni ETF Trading Down 0.2%

BATS:MLN opened at $17.58 on Wednesday. VanEck Long Muni ETF has a 52-week low of $16.50 and a 52-week high of $17.82. The stock has a 50-day simple moving average of $17.56 and a 200 day simple moving average of $17.58.

VanEck Long Muni ETF Profile

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.