C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases 33,292 Shares of VanEck Long Muni ETF $MLN

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of VanEck Long Muni ETF (BATS:MLN) by 26.0% in the third quarter, HoldingsChannel.com reports. The firm owned 161,207 shares of the company’s stock after purchasing an additional 33,292 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in VanEck Long Muni ETF were worth $2,632,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MLN. Eastern Bank bought a new stake in shares of VanEck Long Muni ETF in the 3rd quarter worth approximately $25,000. Western Wealth Management LLC purchased a new position in shares of VanEck Long Muni ETF during the first quarter valued at approximately $31,000. Ascentis Independent Advisors bought a new position in shares of VanEck Long Muni ETF during the first quarter valued at approximately $88,000. Glen Eagle Advisors LLC bought a new position in shares of VanEck Long Muni ETF during the first quarter valued at approximately $91,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of VanEck Long Muni ETF by 104.7% during the third quarter. Farther Finance Advisors LLC now owns 6,320 shares of the company’s stock valued at $103,000 after acquiring an additional 3,233 shares in the last quarter.

VanEck Long Muni ETF Stock Down 0.3%

Shares of MLN opened at $16.36 on Thursday. VanEck Long Muni ETF has a 1-year low of $16.04 and a 1-year high of $17.82. The firm’s 50-day moving average price is $16.86 and its 200-day moving average price is $17.32.

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.