JPMorgan Chase & Co. Has $594,000 Position in VanEck Long Muni ETF (BATS:MLN)

JPMorgan Chase & Co. increased its holdings in shares of VanEck Long Muni ETF (BATS:MLN) by 153.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 32,432 shares of the company’s stock after acquiring an additional 19,626 shares during the quarter. JPMorgan Chase & Co.’s holdings in VanEck Long Muni ETF were worth $594,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp raised its holdings in VanEck Long Muni ETF by 2.7% during the 2nd quarter. Truist Financial Corp now owns 181,686 shares of the company’s stock worth $3,245,000 after purchasing an additional 4,791 shares during the last quarter. Kestra Investment Management LLC bought a new position in VanEck Long Muni ETF during the 2nd quarter worth approximately $4,575,000. Sanctuary Advisors LLC bought a new position in VanEck Long Muni ETF during the 2nd quarter worth approximately $4,363,000. GAMMA Investing LLC increased its stake in shares of VanEck Long Muni ETF by 30.2% in the 3rd quarter. GAMMA Investing LLC now owns 49,213 shares of the company’s stock valued at $901,000 after acquiring an additional 11,419 shares in the last quarter. Finally, Code Waechter LLC bought a new stake in shares of VanEck Long Muni ETF in the 3rd quarter valued at $447,000.

VanEck Long Muni ETF Price Performance

BATS:MLN opened at $17.79 on Tuesday. The company has a fifty day moving average of $17.91 and a two-hundred day moving average of $18.02.

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.