VanEck Long Muni ETF (BATS:MLN) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 4.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 232,507 shares of the company’s stock after selling 9,761 shares during the quarter. Sanctuary Advisors LLC owned 0.92% of VanEck Long Muni ETF worth $4,139,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MLN. Eastern Bank acquired a new stake in VanEck Long Muni ETF during the 3rd quarter worth approximately $28,000. West Michigan Advisors LLC raised its stake in shares of VanEck Long Muni ETF by 73.6% during the third quarter. West Michigan Advisors LLC now owns 21,452 shares of the company’s stock valued at $393,000 after purchasing an additional 9,098 shares during the period. Hedeker Wealth LLC raised its stake in shares of VanEck Long Muni ETF by 214.9% during the third quarter. Hedeker Wealth LLC now owns 81,521 shares of the company’s stock valued at $1,492,000 after purchasing an additional 55,635 shares during the period. JFS Wealth Advisors LLC purchased a new stake in shares of VanEck Long Muni ETF during the third quarter valued at approximately $430,000. Finally, Stephens Inc. AR purchased a new stake in shares of VanEck Long Muni ETF during the third quarter valued at approximately $361,000.

VanEck Long Muni ETF Stock Performance

MLN opened at $17.84 on Friday. The firm’s 50-day moving average price is $17.77 and its 200 day moving average price is $17.98.

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.