VanEck Long Muni ETF (BATS:MLN) Stake Cut by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 170,323 shares of the company’s stock after selling 1,032 shares during the period. Truist Financial Corp owned 0.69% of VanEck Long Muni ETF worth $3,108,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MLN. Bank of New York Mellon Corp grew its holdings in shares of VanEck Long Muni ETF by 69.4% during the third quarter. Bank of New York Mellon Corp now owns 1,449,861 shares of the company’s stock valued at $24,227,000 after purchasing an additional 594,092 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in VanEck Long Muni ETF by 23.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 702,543 shares of the company’s stock valued at $12,821,000 after buying an additional 133,199 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Long Muni ETF by 10.4% during the third quarter. Envestnet Asset Management Inc. now owns 482,701 shares of the company’s stock valued at $8,066,000 after acquiring an additional 45,614 shares during the period. ABLE Financial Group LLC grew its position in shares of VanEck Long Muni ETF by 19.5% during the third quarter. ABLE Financial Group LLC now owns 460,622 shares of the company’s stock worth $7,697,000 after acquiring an additional 75,268 shares during the last quarter. Finally, UBS Group AG lifted its position in VanEck Long Muni ETF by 9.5% in the 3rd quarter. UBS Group AG now owns 396,637 shares of the company’s stock valued at $6,628,000 after purchasing an additional 34,481 shares during the last quarter.

VanEck Long Muni ETF Stock Up 0.5 %

VanEck Long Muni ETF stock opened at $17.92 on Wednesday. The firm’s 50-day moving average price is $17.88 and its 200-day moving average price is $17.74.

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.