SimpliFi Inc. Reduces Position in VanEck CEF Municipal Income ETF (BATS:XMPT)

SimpliFi Inc. trimmed its holdings in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) by 3.9% during the fourth quarter, Holdings Channel reports. The fund owned 30,453 shares of the company’s stock after selling 1,228 shares during the quarter. VanEck CEF Municipal Income ETF accounts for 0.3% of SimpliFi Inc.’s investment portfolio, making the stock its 27th largest holding. SimpliFi Inc.’s holdings in VanEck CEF Municipal Income ETF were worth $655,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. GAMMA Investing LLC bought a new stake in VanEck CEF Municipal Income ETF in the third quarter valued at about $65,000. Hedeker Wealth LLC increased its holdings in VanEck CEF Municipal Income ETF by 12.7% in the third quarter. Hedeker Wealth LLC now owns 44,926 shares of the company’s stock valued at $1,041,000 after buying an additional 5,057 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of VanEck CEF Municipal Income ETF by 6.8% during the second quarter. Cetera Investment Advisers now owns 109,683 shares of the company’s stock valued at $2,414,000 after purchasing an additional 6,936 shares during the last quarter. VitalStone Financial LLC grew its holdings in shares of VanEck CEF Municipal Income ETF by 25.0% during the third quarter. VitalStone Financial LLC now owns 50,504 shares of the company’s stock valued at $1,170,000 after purchasing an additional 10,115 shares during the last quarter. Finally, Riverbridge Partners LLC bought a new position in shares of VanEck CEF Municipal Income ETF during the fourth quarter valued at approximately $239,000.

VanEck CEF Municipal Income ETF Price Performance

BATS:XMPT opened at $21.99 on Friday. The company’s 50 day moving average is $21.97 and its 200 day moving average is $22.36.

About VanEck CEF Municipal Income ETF

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.