Fourth Dimension Wealth LLC Invests $383,000 in VanEck Long Muni ETF (BATS:MLN)

Fourth Dimension Wealth LLC purchased a new position in shares of VanEck Long Muni ETF (BATS:MLN) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 21,440 shares of the company’s stock, valued at approximately $383,000.

A number of other institutional investors have also recently bought and sold shares of the business. Townsquare Capital LLC boosted its stake in VanEck Long Muni ETF by 2.4% during the fourth quarter. Townsquare Capital LLC now owns 27,711 shares of the company’s stock worth $495,000 after buying an additional 660 shares in the last quarter. Hedeker Wealth LLC lifted its holdings in shares of VanEck Long Muni ETF by 0.9% during the fourth quarter. Hedeker Wealth LLC now owns 82,253 shares of the company’s stock valued at $1,471,000 after acquiring an additional 732 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of VanEck Long Muni ETF by 45.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,627 shares of the company’s stock valued at $47,000 after buying an additional 824 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in shares of VanEck Long Muni ETF by 34.3% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 3,330 shares of the company’s stock valued at $59,000 after buying an additional 850 shares during the last quarter. Finally, CAP Partners LLC raised its holdings in shares of VanEck Long Muni ETF by 7.7% in the fourth quarter. CAP Partners LLC now owns 22,754 shares of the company’s stock valued at $407,000 after buying an additional 1,633 shares during the last quarter.

VanEck Long Muni ETF Trading Down 4.3%

Shares of MLN stock opened at $16.78 on Friday. The stock has a 50-day moving average price of $17.06 and a 200 day moving average price of $17.58. VanEck Long Muni ETF has a 12 month low of $16.08 and a 12 month high of $18.34.

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.