Tortoise Investment Management LLC Has $5.06 Million Holdings in VanEck Long Muni ETF $MLN

Tortoise Investment Management LLC lessened its holdings in VanEck Long Muni ETF (BATS:MLNFree Report) by 6.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 291,126 shares of the company’s stock after selling 20,054 shares during the period. Tortoise Investment Management LLC owned about 0.93% of VanEck Long Muni ETF worth $5,063,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MLN. JPMorgan Chase & Co. raised its holdings in shares of VanEck Long Muni ETF by 6.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,417 shares of the company’s stock worth $615,000 after acquiring an additional 1,985 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in shares of VanEck Long Muni ETF in the 4th quarter worth about $187,000. Comerica Bank raised its holdings in shares of VanEck Long Muni ETF by 88.7% in the 4th quarter. Comerica Bank now owns 5,532 shares of the company’s stock worth $99,000 after acquiring an additional 2,601 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of VanEck Long Muni ETF by 5.2% in the 4th quarter. Ameriprise Financial Inc. now owns 154,035 shares of the company’s stock worth $2,754,000 after acquiring an additional 7,571 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of VanEck Long Muni ETF in the 4th quarter worth about $2,559,000.

VanEck Long Muni ETF Trading Down 3.9%

BATS:MLN opened at $16.84 on Thursday. VanEck Long Muni ETF has a 52 week low of $16.08 and a 52 week high of $18.34. The firm has a 50-day moving average price of $16.76 and a two-hundred day moving average price of $17.04.

VanEck Long Muni ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Long Muni ETF (BATS:MLN)

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