Maridea Wealth Management LLC Makes New $893,000 Investment in VanEck CEF Municipal Income ETF (BATS:XMPT)

Maridea Wealth Management LLC bought a new stake in VanEck CEF Municipal Income ETF (BATS:XMPT) during the 4th quarter, Holdings Channel reports. The fund bought 41,509 shares of the company’s stock, valued at approximately $893,000.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its holdings in VanEck CEF Municipal Income ETF by 8.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 166,204 shares of the company’s stock valued at $3,575,000 after buying an additional 12,336 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of VanEck CEF Municipal Income ETF during the 4th quarter valued at $2,292,000. Park Avenue Securities LLC lifted its stake in shares of VanEck CEF Municipal Income ETF by 113.7% in the 4th quarter. Park Avenue Securities LLC now owns 36,836 shares of the company’s stock valued at $792,000 after purchasing an additional 19,595 shares during the period. Hedeker Wealth LLC boosted its position in shares of VanEck CEF Municipal Income ETF by 99.3% in the 4th quarter. Hedeker Wealth LLC now owns 89,529 shares of the company’s stock worth $1,925,000 after purchasing an additional 44,603 shares during the last quarter. Finally, Principal Securities Inc. grew its stake in shares of VanEck CEF Municipal Income ETF by 157.3% during the fourth quarter. Principal Securities Inc. now owns 24,504 shares of the company’s stock worth $527,000 after purchasing an additional 14,980 shares during the period.

VanEck CEF Municipal Income ETF Trading Up 0.3 %

BATS XMPT opened at $21.52 on Friday. The stock has a 50-day simple moving average of $21.94 and a 200 day simple moving average of $22.24. VanEck CEF Municipal Income ETF has a 12 month low of $20.69 and a 12 month high of $23.21.

VanEck CEF Municipal Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1056 dividend. The ex-dividend date was Monday, March 3rd.

About VanEck CEF Municipal 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.