VanEck CEF Muni Income ETF $XMPT Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in VanEck CEF Muni Income ETF (BATS:XMPT) by 19.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 349,272 shares of the company’s stock after acquiring an additional 56,189 shares during the quarter. Envestnet Asset Management Inc.’s holdings in VanEck CEF Muni Income ETF were worth $7,646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in XMPT. Wealth Enhancement Advisory Services LLC boosted its holdings in VanEck CEF Muni Income ETF by 10.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 99,615 shares of the company’s stock worth $2,165,000 after buying an additional 9,471 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of VanEck CEF Muni Income ETF by 34.2% in the third quarter. Park Avenue Securities LLC now owns 56,566 shares of the company’s stock valued at $1,238,000 after buying an additional 14,413 shares in the last quarter. Hedeker Wealth LLC lifted its position in shares of VanEck CEF Muni Income ETF by 5.7% during the 3rd quarter. Hedeker Wealth LLC now owns 66,856 shares of the company’s stock valued at $1,463,000 after acquiring an additional 3,608 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of VanEck CEF Muni Income ETF by 213.2% during the 2nd quarter. Osaic Holdings Inc. now owns 10,104 shares of the company’s stock worth $216,000 after acquiring an additional 6,878 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of VanEck CEF Muni Income ETF by 7.2% during the 2nd quarter. MML Investors Services LLC now owns 38,789 shares of the company’s stock worth $814,000 after acquiring an additional 2,592 shares in the last quarter.

VanEck CEF Muni Income ETF Stock Up 0.3%

Shares of VanEck CEF Muni Income ETF stock opened at $22.48 on Friday. VanEck CEF Muni Income ETF has a 12-month low of $19.73 and a 12-month high of $22.52. The stock’s fifty day moving average is $22.07 and its 200-day moving average is $21.78.

VanEck CEF Muni Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1057 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date was Monday, February 2nd. This is a boost from VanEck CEF Muni Income ETF’s previous monthly dividend of $0.10.

VanEck CEF Muni Income ETF Profile

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.