VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) Rating Reiterated by Noble Financial

Noble Financial reaffirmed their buy rating on shares of VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) in a report issued on Friday, December 1st.

VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA MLN) traded up $0.06 on Friday, reaching $20.24. The company had a trading volume of 159,900 shares, compared to its average volume of 49,752. VanEck Vectors AMT-Free Long Muni ETF has a 12 month low of $19.01 and a 12 month high of $20.43.

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 7th. Shareholders of record on Monday, December 4th were paid a $0.0479 dividend. This represents a $0.57 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend was Friday, December 1st.

An institutional investor recently raised its position in VanEck Vectors AMT-Free Long Muni ETF stock. Jane Street Group LLC increased its holdings in VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) by 31.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,364 shares of the company’s stock after buying an additional 25,877 shares during the period. Jane Street Group LLC owned about 1.26% of VanEck Vectors AMT-Free Long Muni ETF worth $2,144,000 as of its most recent filing with the Securities & Exchange Commission.

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About VanEck Vectors AMT-Free Long Muni ETF

Market Vectors Long Municipal Index ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Long Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.

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