280,483 Shares of VanEck Long Muni ETF $MLN Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of VanEck Long Muni ETF (BATS:MLN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 280,483 shares of the company’s stock, valued at approximately $4,579,000. Park Avenue Securities LLC owned approximately 0.88% of VanEck Long Muni ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Eastern Bank acquired a new position in shares of VanEck Long Muni ETF in the 3rd quarter valued at about $25,000. Western Wealth Management LLC bought a new stake in shares of VanEck Long Muni ETF during the first quarter valued at about $31,000. Ascentis Independent Advisors bought a new stake in shares of VanEck Long Muni ETF during the 1st quarter worth about $88,000. Glen Eagle Advisors LLC acquired a new stake in VanEck Long Muni ETF in the first quarter worth approximately $91,000. Finally, Farther Finance Advisors LLC boosted its stake in 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 buying an additional 3,233 shares in the last quarter.

VanEck Long Muni ETF Price Performance

MLN stock opened at $16.81 on Friday. VanEck Long Muni ETF has a 12 month low of $16.04 and a 12 month high of $17.82. The firm has a 50 day simple moving average of $16.70 and a 200 day simple moving average of $17.35.

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.