Elmwood Wealth Management Inc. Has $769,000 Stock Position in VanEck Long Muni ETF $MLN

Elmwood Wealth Management Inc. lowered its holdings in shares of VanEck Long Muni ETF (BATS:MLNFree Report) by 75.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 43,970 shares of the company’s stock after selling 132,658 shares during the period. Elmwood Wealth Management Inc. owned 0.14% of VanEck Long Muni ETF worth $769,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Park Place Capital Corp lifted its position in shares of VanEck Long Muni ETF by 34.6% in the third quarter. Park Place Capital Corp now owns 3,236 shares of the company’s stock valued at $57,000 after buying an additional 832 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in VanEck Long Muni ETF during the 2nd quarter valued at $111,000. Smartleaf Asset Management LLC bought a new position in VanEck Long Muni ETF during the third quarter worth $137,000. Tandem Financial LLC bought a new position in VanEck Long Muni ETF during the third quarter worth $216,000. Finally, Diversify Advisory Services LLC acquired a new position in shares of VanEck Long Muni ETF in the second quarter valued at $209,000.

VanEck Long Muni ETF Price Performance

Shares of MLN opened at $17.57 on Thursday. The company’s 50-day moving average is $17.55 and its 200-day moving average is $17.39. VanEck Long Muni ETF has a fifty-two week low of $16.08 and a fifty-two week high of $18.00.

VanEck Long Muni ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.0577 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.9%. This is an increase from VanEck Long Muni ETF’s previous monthly dividend of $0.06.

About VanEck Long Muni ETF

(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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