Investment Partners LTD. Makes New $3.10 Million Investment in VanEck CEF Muni Income ETF $XMPT

Investment Partners LTD. acquired a new stake in shares of VanEck CEF Muni Income ETF (BATS:XMPT) in the third quarter, HoldingsChannel.com reports. The fund acquired 161,082 shares of the company’s stock, valued at approximately $3,096,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SimpliFi Inc. raised its position in VanEck CEF Muni Income ETF by 1.5% during the third quarter. SimpliFi Inc. now owns 41,589 shares of the company’s stock valued at $799,000 after purchasing an additional 602 shares during the period. Latitude Advisors LLC bought a new stake in shares of VanEck CEF Muni Income ETF in the third quarter valued at about $174,000. Heartwood Wealth Advisors LLC lifted its position in shares of VanEck CEF Muni Income ETF by 1.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 344,261 shares of the company’s stock worth $6,617,000 after purchasing an additional 3,334 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in shares of VanEck CEF Muni Income ETF in the 2nd quarter worth $188,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of VanEck CEF Muni Income ETF during the second quarter valued at about $8,583,000.

VanEck CEF Muni Income ETF Stock Performance

Shares of XMPT stock opened at $20.29 on Friday. VanEck CEF Muni Income ETF has a 1-year low of $18.80 and a 1-year high of $22.66. The stock’s fifty day moving average price is $20.08 and its 200 day moving average price is $21.47.

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.