Ausdal Financial Partners Inc. Lowers Holdings in VanEck Long Muni ETF (BATS:MLN)

Ausdal Financial Partners Inc. lowered its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 24.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,805 shares of the company’s stock after selling 9,575 shares during the quarter. Ausdal Financial Partners Inc. owned approximately 0.11% of VanEck Long Muni ETF worth $515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MLN. Raymond James Financial Inc. bought a new position in VanEck Long Muni ETF in the 4th quarter worth approximately $59,622,000. HighTower Advisors LLC boosted its position in shares of VanEck Long Muni ETF by 14.6% during the third quarter. HighTower Advisors LLC now owns 1,672,192 shares of the company’s stock worth $30,604,000 after acquiring an additional 213,478 shares during the last quarter. Kestra Investment Management LLC grew its stake in VanEck Long Muni ETF by 48.9% during the fourth quarter. Kestra Investment Management LLC now owns 617,629 shares of the company’s stock valued at $11,043,000 after acquiring an additional 202,781 shares in the last quarter. CX Institutional grew its stake in VanEck Long Muni ETF by 0.7% during the fourth quarter. CX Institutional now owns 475,494 shares of the company’s stock valued at $8,502,000 after acquiring an additional 3,535 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC increased its holdings in VanEck Long Muni ETF by 6.9% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 435,574 shares of the company’s stock valued at $7,788,000 after acquiring an additional 28,250 shares during the last quarter.

VanEck Long Muni ETF Price Performance

MLN opened at $17.21 on Friday. The firm has a 50-day simple moving average of $17.70 and a two-hundred day simple moving average of $17.90. VanEck Long Muni ETF has a 52 week low of $17.19 and a 52 week high of $18.34.

About VanEck Long Muni ETF

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.