PNC Financial Services Group Inc. Acquires New Stake in VanEck Long Muni ETF (BATS:MLN)

PNC Financial Services Group Inc. bought a new position in VanEck Long Muni ETF (BATS:MLN) during the 4th quarter, Holdings Channel.com reports. The fund bought 6,900 shares of the company’s stock, valued at approximately $126,000.

A number of other large investors have also made changes to their positions in the company. Benjamin Edwards Inc. bought a new position in shares of VanEck Long Muni ETF in the 4th quarter worth approximately $31,000. Versant Capital Management Inc increased its holdings in VanEck Long Muni ETF by 171.0% during the fourth quarter. Versant Capital Management Inc now owns 3,488 shares of the company’s stock valued at $64,000 after buying an additional 2,201 shares during the last quarter. Transcendent Capital Group LLC bought a new position in VanEck Long Muni ETF in the fourth quarter worth approximately $80,000. Eagle Asset Management Inc. purchased a new position in shares of VanEck Long Muni ETF during the 4th quarter worth $195,000. Finally, Redhawk Wealth Advisors Inc. bought a new stake in shares of VanEck Long Muni ETF during the 4th quarter valued at $200,000.

VanEck Long Muni ETF Stock Up 0.4 %

BATS:MLN opened at $17.90 on Friday. The business has a 50 day moving average of $17.85 and a two-hundred day moving average of $17.94.

VanEck Long Muni ETF Company 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.