KFA Private Wealth Group LLC Makes New Investment in VanEck CEF Muni Income ETF $XMPT

KFA Private Wealth Group LLC acquired a new position in VanEck CEF Muni Income ETF (BATS:XMPT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 220,459 shares of the company’s stock, valued at approximately $4,925,000. VanEck CEF Muni Income ETF comprises 1.3% of KFA Private Wealth Group LLC’s portfolio, making the stock its 18th biggest position.

A number of other institutional investors also recently made changes to their positions in the business. Advisory Services Network LLC bought a new position in shares of VanEck CEF Muni Income ETF during the 3rd quarter valued at $26,000. Kestra Advisory Services LLC purchased a new position in VanEck CEF Muni Income ETF in the 4th quarter worth $50,000. International Assets Investment Management LLC bought a new stake in VanEck CEF Muni Income ETF in the first quarter worth $54,000. Wells Fargo & Company MN bought a new stake in VanEck CEF Muni Income ETF in the fourth quarter worth $158,000. Finally, Comerica Bank purchased a new stake in VanEck CEF Muni Income ETF during the third quarter valued at about $183,000.

VanEck CEF Muni Income ETF Stock Down 1.4%

Shares of BATS:XMPT opened at $21.21 on Wednesday. The stock’s 50-day moving average price is $21.81 and its 200-day moving average price is $21.87. VanEck CEF Muni Income ETF has a 12-month low of $20.82 and a 12-month high of $22.66.

About VanEck CEF Muni Income ETF

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.