MidWestOne Financial Group Inc. Increases Stake in VanEck Long Muni ETF (BATS:MLN)

MidWestOne Financial Group Inc. boosted its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 7.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 164,069 shares of the company’s stock after buying an additional 11,567 shares during the period. MidWestOne Financial Group Inc.’s holdings in VanEck Long Muni ETF were worth $3,002,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in VanEck Long Muni ETF in the third quarter worth approximately $1,400,000. Stifel Financial Corp lifted its holdings in VanEck Long Muni ETF by 60.4% during the 3rd quarter. Stifel Financial Corp now owns 230,560 shares of the company’s stock worth $4,219,000 after buying an additional 86,779 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of VanEck Long Muni ETF by 14.6% in the 3rd quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock valued at $30,604,000 after acquiring an additional 213,478 shares during the last quarter. Kestra Investment Management LLC lifted its stake in VanEck Long Muni ETF by 61.9% during the third quarter. Kestra Investment Management LLC now owns 414,848 shares of the company’s stock worth $7,592,000 after purchasing an additional 158,682 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in VanEck Long Muni ETF by 454.5% in the third quarter. Flow Traders U.S. LLC now owns 69,606 shares of the company’s stock valued at $1,274,000 after purchasing an additional 57,052 shares in the last quarter.

VanEck Long Muni ETF Stock Performance

MLN stock opened at $18.22 on Tuesday. The business’s fifty day moving average is $18.04 and its 200 day moving average is $18.03.

VanEck Long Muni ETF 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.