Symphony Financial Ltd. Co. Acquires New Position in VanEck CEF Muni Income ETF $XMPT

Symphony Financial Ltd. Co. acquired a new position in shares of VanEck CEF Muni Income ETF (BATS:XMPT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 325,749 shares of the company’s stock, valued at approximately $7,277,000. Symphony Financial Ltd. Co. owned approximately 4.03% of VanEck CEF Muni Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in VanEck CEF Muni Income ETF by 23.6% in the first quarter. Royal Bank of Canada now owns 165,207 shares of the company’s stock valued at $3,573,000 after buying an additional 31,500 shares in the last quarter. Bank of America Corp DE lifted its position in shares of VanEck CEF Muni Income ETF by 16.5% during the 2nd quarter. Bank of America Corp DE now owns 427,255 shares of the company’s stock valued at $8,968,000 after acquiring an additional 60,428 shares during the period. MML Investors Services LLC boosted its stake in shares of VanEck CEF Muni Income ETF by 7.2% during the 2nd quarter. MML Investors Services LLC now owns 38,789 shares of the company’s stock worth $814,000 after acquiring an additional 2,592 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of VanEck CEF Muni Income ETF by 213.2% during the 2nd quarter. Osaic Holdings Inc. now owns 10,104 shares of the company’s stock worth $216,000 after acquiring an additional 6,878 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of VanEck CEF Muni Income ETF by 11.6% in the 3rd quarter. UBS Group AG now owns 1,298,313 shares of the company’s stock worth $28,420,000 after acquiring an additional 134,936 shares during the period.

VanEck CEF Muni Income ETF Stock Performance

XMPT opened at $21.21 on Wednesday. VanEck CEF Muni Income ETF has a 1-year low of $20.82 and a 1-year high of $22.66. The stock’s 50 day simple moving average is $21.81 and its 200 day simple moving average is $21.87.

VanEck CEF Muni Income ETF Company 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.