World Investment Advisors Buys New Stake in VanEck Long Muni ETF $MLN

World Investment Advisors acquired a new position in shares of VanEck Long Muni ETF (BATS:MLN) in the fourth quarter, Holdings Channel.com reports. The firm acquired 65,242 shares of the company’s stock, valued at approximately $1,144,000.

A number of other large investors also recently added to or reduced their stakes in MLN. Park Avenue Securities LLC grew its holdings in VanEck Long Muni ETF by 33.0% during the 4th quarter. Park Avenue Securities LLC now owns 310,273 shares of the company’s stock worth $5,439,000 after acquiring an additional 77,018 shares in the last quarter. ABLE Financial Group LLC grew its holdings in VanEck Long Muni ETF by 12.8% during the 4th quarter. ABLE Financial Group LLC now owns 610,501 shares of the company’s stock worth $10,703,000 after acquiring an additional 69,344 shares in the last quarter. Elequin Capital LP acquired a new position in VanEck Long Muni ETF during the 3rd quarter worth $651,000. Westside Investment Management Inc. grew its holdings in VanEck Long Muni ETF by 32.0% during the 4th quarter. Westside Investment Management Inc. now owns 213,626 shares of the company’s stock worth $3,745,000 after acquiring an additional 51,830 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. acquired a new position in VanEck Long Muni ETF during the 4th quarter worth $2,053,000.

VanEck Long Muni ETF Price Performance

Shares of MLN stock opened at $17.39 on Monday. VanEck Long Muni ETF has a 1-year low of $16.50 and a 1-year high of $17.82. The firm has a fifty day moving average of $17.55 and a two-hundred day moving average of $17.58.

About VanEck Long Muni ETF

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.