IHT Wealth Management LLC Invests $227,000 in VanEck CEF Municipal Income ETF (BATS:XMPT)

IHT Wealth Management LLC bought a new position in VanEck CEF Municipal Income ETF (BATS:XMPT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 10,568 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in shares of VanEck CEF Municipal Income ETF by 8.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 166,204 shares of the company’s stock worth $3,575,000 after acquiring an additional 12,336 shares during the period. Proficio Capital Partners LLC bought a new position in VanEck CEF Municipal Income ETF in the 4th quarter worth approximately $2,292,000. LPL Financial LLC boosted its stake in VanEck CEF Municipal Income ETF by 120.0% in the 4th quarter. LPL Financial LLC now owns 272,966 shares of the company’s stock worth $5,871,000 after purchasing an additional 148,875 shares during the period. Park Avenue Securities LLC grew its holdings in VanEck CEF Municipal Income ETF by 113.7% during the 4th quarter. Park Avenue Securities LLC now owns 36,836 shares of the company’s stock valued at $792,000 after buying an additional 19,595 shares in the last quarter. Finally, Hedeker Wealth LLC raised its position in shares of VanEck CEF Municipal Income ETF by 99.3% during the fourth quarter. Hedeker Wealth LLC now owns 89,529 shares of the company’s stock valued at $1,925,000 after buying an additional 44,603 shares during the last quarter.

VanEck CEF Municipal Income ETF Stock Performance

Shares of BATS:XMPT opened at $20.92 on Monday. The firm has a fifty day moving average price of $21.41 and a 200 day moving average price of $21.89. VanEck CEF Municipal Income ETF has a fifty-two week low of $19.73 and a fifty-two week high of $23.21.

VanEck CEF Municipal Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1056 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.