Sykon Capital LLC Buys New Position in VanEck CEF Municipal Income ETF (BATS:XMPT)

Sykon Capital LLC bought a new stake in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 38,414 shares of the company’s stock, valued at approximately $814,000. Sykon Capital LLC owned about 0.39% of VanEck CEF Municipal Income ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. WealthShield Partners LLC boosted its position in shares of VanEck CEF Municipal Income ETF by 5.5% during the fourth quarter. WealthShield Partners LLC now owns 9,651 shares of the company’s stock valued at $204,000 after buying an additional 503 shares during the last quarter. Hedeker Wealth LLC boosted its position in shares of VanEck CEF Municipal Income ETF by 1.2% during the fourth quarter. Hedeker Wealth LLC now owns 48,156 shares of the company’s stock valued at $1,020,000 after buying an additional 562 shares during the last quarter. Madrona Financial Services LLC boosted its position in shares of VanEck CEF Municipal Income ETF by 8.7% during the fourth quarter. Madrona Financial Services LLC now owns 20,510 shares of the company’s stock valued at $434,000 after buying an additional 1,636 shares during the last quarter. Aveo Capital Partners LLC purchased a new position in shares of VanEck CEF Municipal Income ETF during the fourth quarter valued at approximately $206,000. Finally, SFI Advisors LLC purchased a new position in shares of VanEck CEF Municipal Income ETF during the fourth quarter valued at approximately $213,000.

VanEck CEF Municipal Income ETF Trading Up 0.3 %

XMPT stock traded up $0.07 during midday trading on Friday, hitting $21.01. The company’s stock had a trading volume of 35,553 shares. The company’s 50-day moving average is $21.25 and its 200-day moving average is $20.79.

VanEck CEF Municipal Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.0849 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from VanEck CEF Municipal Income ETF’s previous dividend of $0.07.

VanEck CEF Municipal 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.