Risk Paradigm Group LLC Buys Shares of 328,675 VanEck CEF Muni Income ETF $XMPT

Risk Paradigm Group LLC bought a new position in shares of VanEck CEF Muni Income ETF (BATS:XMPT) during the second quarter, HoldingsChannel reports. The fund bought 328,675 shares of the company’s stock, valued at approximately $7,119,000. VanEck CEF Muni Income ETF makes up about 4.7% of Risk Paradigm Group LLC’s portfolio, making the stock its 4th largest holding.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of VanEck CEF Muni Income ETF by 0.6% in the 4th quarter. Royal Bank of Canada now owns 146,701 shares of the company’s stock valued at $3,210,000 after acquiring an additional 946 shares during the last quarter. WealthShield Partners LLC boosted its holdings in shares of VanEck CEF Muni Income ETF by 14.4% during the 4th quarter. WealthShield Partners LLC now owns 9,115 shares of the company’s stock valued at $199,000 after acquiring an additional 1,145 shares in the last quarter. Advisory Services Network LLC bought a new stake in VanEck CEF Muni Income ETF during the 3rd quarter worth $26,000. Bank of America Corp DE grew its position in VanEck CEF Muni Income ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 489,769 shares of the company’s stock worth $10,530,000 after acquiring an additional 1,258 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its position in VanEck CEF Muni Income ETF by 9.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,139 shares of the company’s stock worth $361,000 after acquiring an additional 1,436 shares during the last quarter.

VanEck CEF Muni Income ETF Price Performance

Shares of XMPT opened at $21.51 on Monday. VanEck CEF Muni Income ETF has a 12-month low of $20.82 and a 12-month high of $22.66. The business has a 50-day simple moving average of $21.84 and a two-hundred day simple moving average of $21.89.

VanEck CEF Muni Income ETF Profile

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.