Willis Johnson & Associates Inc. Has $9.32 Million Stake in VanEck Long Muni ETF $MLN

Willis Johnson & Associates Inc. boosted its position in shares of VanEck Long Muni ETF (BATS:MLN) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 533,049 shares of the company’s stock after purchasing an additional 33,734 shares during the period. VanEck Long Muni ETF accounts for 0.6% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 29th biggest holding. Willis Johnson & Associates Inc. owned 1.67% of VanEck Long Muni ETF worth $9,318,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Park Place Capital Corp boosted its position in shares of VanEck Long Muni ETF by 34.6% in the third quarter. Park Place Capital Corp now owns 3,236 shares of the company’s stock worth $57,000 after buying an additional 832 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in VanEck Long Muni ETF during the 2nd quarter worth about $111,000. Smartleaf Asset Management LLC purchased a new position in VanEck Long Muni ETF during the 3rd quarter valued at about $137,000. Diversify Advisory Services LLC acquired a new position in shares of VanEck Long Muni ETF in the 2nd quarter valued at about $209,000. Finally, Tandem Financial LLC acquired a new position in shares of VanEck Long Muni ETF in the 3rd quarter valued at about $216,000.

VanEck Long Muni ETF Stock Performance

MLN stock opened at $17.60 on Wednesday. The firm has a 50 day simple moving average of $17.55 and a 200 day simple moving average of $17.39. VanEck Long Muni ETF has a 52 week low of $16.08 and a 52 week high of $18.00.

VanEck Long Muni ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0577 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from VanEck Long Muni ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 2nd.

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.