Private Advisor Group LLC Invests $522,000 in VanEck CEF Municipal Income ETF (BATS:XMPT)

Private Advisor Group LLC bought a new position in shares of VanEck CEF Municipal Income ETF (BATS:XMPT) during the 1st quarter, Holdings Channel.com reports. The firm bought 24,089 shares of the company’s stock, valued at approximately $522,000.

Several other hedge funds have also recently bought and sold shares of the business. Fidelity D & D Bancorp Inc. increased its position in VanEck CEF Municipal Income ETF by 5.6% during the first quarter. Fidelity D & D Bancorp Inc. now owns 959,854 shares of the company’s stock worth $20,781,000 after buying an additional 50,980 shares during the last quarter. Marcum Wealth LLC increased its position in VanEck CEF Municipal Income ETF by 4.5% during the first quarter. Marcum Wealth LLC now owns 931,136 shares of the company’s stock worth $20,159,000 after buying an additional 40,099 shares during the last quarter. Park Avenue Securities LLC increased its position in VanEck CEF Municipal Income ETF by 24.4% during the first quarter. Park Avenue Securities LLC now owns 37,403 shares of the company’s stock worth $810,000 after buying an additional 7,335 shares during the last quarter. Principal Securities Inc. acquired a new position in VanEck CEF Municipal Income ETF during the fourth quarter worth $522,000. Finally, Sykon Capital LLC acquired a new position in VanEck CEF Municipal Income ETF during the fourth quarter worth $814,000.

VanEck CEF Municipal Income ETF Price Performance

XMPT stock opened at $22.28 on Monday. The company’s 50-day moving average price is $21.62 and its 200-day moving average price is $21.38.

VanEck CEF Municipal Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a dividend of $0.1055 per share. This is a boost from VanEck CEF Municipal Income ETF’s previous dividend of $0.09. The ex-dividend date was Monday, July 1st.

About VanEck CEF Municipal Income ETF

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.