Mairs & Power Inc. Raises Holdings in Mairs & Power Minnesota Municipal Bond ETF $MINN

Mairs & Power Inc. increased its stake in shares of Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) by 11.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 229,186 shares of the company’s stock after acquiring an additional 23,000 shares during the period. Mairs & Power Inc. owned about 0.18% of Mairs & Power Minnesota Municipal Bond ETF worth $5,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Fisher Asset Management LLC acquired a new position in Mairs & Power Minnesota Municipal Bond ETF in the third quarter valued at approximately $231,000. First Heartland Consultants Inc. grew its stake in shares of Mairs & Power Minnesota Municipal Bond ETF by 29.2% during the 3rd quarter. First Heartland Consultants Inc. now owns 17,149 shares of the company’s stock worth $382,000 after purchasing an additional 3,877 shares during the period. Jane Street Group LLC purchased a new position in shares of Mairs & Power Minnesota Municipal Bond ETF during the 1st quarter valued at approximately $458,000. Focus Partners Advisor Solutions LLC increased its holdings in shares of Mairs & Power Minnesota Municipal Bond ETF by 146.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 32,084 shares of the company’s stock valued at $722,000 after purchasing an additional 19,082 shares in the last quarter. Finally, OneAscent Financial Services LLC lifted its stake in shares of Mairs & Power Minnesota Municipal Bond ETF by 6.6% in the 3rd quarter. OneAscent Financial Services LLC now owns 48,307 shares of the company’s stock valued at $1,075,000 after purchasing an additional 2,991 shares during the period.

Mairs & Power Minnesota Municipal Bond ETF Trading Up 0.0%

MINN opened at $22.44 on Tuesday. The firm has a fifty day moving average price of $22.62 and a 200 day moving average price of $22.47. Mairs & Power Minnesota Municipal Bond ETF has a 1 year low of $20.94 and a 1 year high of $23.08.

Mairs & Power Minnesota Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a $0.0489 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Mairs & Power Minnesota Municipal Bond ETF’s previous monthly dividend of $0.04. The ex-dividend date was Friday, February 20th.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax. MINN was launched on Mar 12, 2021 and is managed by Mairs & Power.