VanEck Long Muni ETF $MLN Shares Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC lifted its stake in VanEck Long Muni ETF (BATS:MLN) by 72.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 502,283 shares of the company’s stock after purchasing an additional 211,157 shares during the period. Tortoise Investment Management LLC’s holdings in VanEck Long Muni ETF were worth $8,484,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of VanEck Long Muni ETF by 146.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,998,986 shares of the company’s stock worth $50,653,000 after acquiring an additional 1,782,083 shares in the last quarter. Kestra Investment Management LLC raised its holdings in VanEck Long Muni ETF by 161.0% during the first quarter. Kestra Investment Management LLC now owns 1,611,950 shares of the company’s stock worth $28,032,000 after purchasing an additional 994,321 shares during the last quarter. HighTower Advisors LLC boosted its position in VanEck Long Muni ETF by 4.6% during the first quarter. HighTower Advisors LLC now owns 1,600,503 shares of the company’s stock worth $27,833,000 after purchasing an additional 70,824 shares in the last quarter. Manhattan West Asset Management LLC grew its holdings in VanEck Long Muni ETF by 17.9% in the first quarter. Manhattan West Asset Management LLC now owns 779,990 shares of the company’s stock valued at $13,564,000 after purchasing an additional 118,473 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in VanEck Long Muni ETF by 25.2% in the second quarter. Janney Montgomery Scott LLC now owns 527,867 shares of the company’s stock valued at $8,916,000 after purchasing an additional 106,186 shares during the last quarter.

VanEck Long Muni ETF Stock Up 0.5%

BATS:MLN opened at $17.61 on Friday. VanEck Long Muni ETF has a 52-week low of $16.08 and a 52-week high of $18.34. The stock has a fifty day simple moving average of $17.56 and a 200-day simple moving average of $17.08.

VanEck Long Muni ETF Company 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.