NYSEARCA:MLN - VanEck Vectors Long Municipal Index ETF Stock Price, News, & Analysis

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$19.19 +0.09 (+0.47 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$19.19
Today's Range$19.14 - $19.22
52-Week Range$18.89 - $20.43
Volume15,494 shs
Average Volume48,821 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield3.15%
BetaN/A
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. To be included in the Index, bonds must be rated investment-grade (Baa3/BBB- or higher) by at least two of ratings agencies: Moody's, S&P, Fitch. If only two of the three agencies rate the security, the lower rating is used to determine index eligibility. If only one of the three agencies rates a security, the rating must be investment grade. They must have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million. The bonds must be fixed rate, have a dated-date within the last five years, and must be at least 17 years from their maturity date. Its investment advisor is Van Eck Associates Corporation.

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Basic Details

Issuer Van Eck
Fund NameVanEck Vectors Long Municipal Index ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MLN
Inception Date1/2/2008
Fund ManagerJames T. Colby
Phone+1-800-8261115

Fund Focus

Asset ClassFixed Income
BenchmarkBarclays AMT-Free Long Contnus Muni TR
CategoryMunicipals
FocusBroad Municipals
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$150.64 million
Average Daily Volume$33,891.00
Discount/Premium0.10%

ETF Expenses

Management Fee0.24%
Other Expenses0.00%
Total Expenses0.24%
Fee Waiver0.00%
Net Expenses0.24%

Administrator, Advisor and Custodian

AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianThe Bank of New York Mellon Corporation
DistributorVan Eck Securities Corporation
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerJane Street

VanEck Vectors Long Municipal Index ETF (NYSEARCA:MLN) Frequently Asked Questions

What is VanEck Vectors Long Municipal Index ETF's stock symbol?

VanEck Vectors Long Municipal Index ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MLN."

How often does VanEck Vectors Long Municipal Index ETF pay dividends? What is the dividend yield for VanEck Vectors Long Municipal Index ETF?

VanEck Vectors Long Municipal Index ETF announced a monthly dividend on Thursday, November 1st. Stockholders of record on Friday, November 2nd will be given a dividend of $0.0532 per share on Wednesday, November 7th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Thursday, November 1st. This is an increase from VanEck Vectors Long Municipal Index ETF's previous monthly dividend of $0.05. View VanEck Vectors Long Municipal Index ETF's Dividend History.

What is the consensus analysts' recommendation for VanEck Vectors Long Municipal Index ETF?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VanEck Vectors Long Municipal Index ETF in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for VanEck Vectors Long Municipal Index ETF.

Has VanEck Vectors Long Municipal Index ETF been receiving favorable news coverage?

Press coverage about MLN stock has been trending neutral recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. VanEck Vectors Long Municipal Index ETF earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are VanEck Vectors Long Municipal Index ETF's key executives?

VanEck Vectors Long Municipal Index ETF's management team includes the folowing people:
  • Keith J. Carlson, President, Chief Executive Officer (Age 58)
  • Bruce J. Smith, Chief Financial Officer, Senior Vice President (Age 59)
  • Jan F. van Eck, Executive Vice President, Trustee (Age 51)
  • Derek S. van Eck, Executive Vice President (Age 45)
  • Joseph J. McBrien, Senior Vice President, Secretary, Chief Legal Officer (Age 64)
  • Thomas K. Lynch, Chief Compliance Officer (Age 58)
  • Alfred J. Ratcliffe, Vice President, Treasurer (Age 65)
  • Jonathan R. Simon, Vice President, Assistant Secretary (Age 37)
  • Charles T. Cameron, Vice President (Age 54)
  • Susan C. Lashley, Vice President (Age 57)

Who are VanEck Vectors Long Municipal Index ETF's major shareholders?

VanEck Vectors Long Municipal Index ETF's stock is owned by many different of retail and institutional investors. Top institutional investors include Jane Street Group LLC (5.54%), Cardan Capital Partners LLC (2.77%), LPL Financial LLC (1.94%), Citadel Advisors LLC (1.93%), Cornerstone Wealth Management LLC (1.70%) and Envestnet Asset Management Inc. (0.46%). View Institutional Ownership Trends for VanEck Vectors Long Municipal Index ETF.

Which institutional investors are selling VanEck Vectors Long Municipal Index ETF stock?

MLN stock was sold by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Envestnet Asset Management Inc. and Cardan Capital Partners LLC. View Insider Buying and Selling for VanEck Vectors Long Municipal Index ETF.

Which institutional investors are buying VanEck Vectors Long Municipal Index ETF stock?

MLN stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Citadel Advisors LLC and LPL Financial LLC. View Insider Buying and Selling for VanEck Vectors Long Municipal Index ETF.

How do I buy shares of VanEck Vectors Long Municipal Index ETF?

Shares of MLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is VanEck Vectors Long Municipal Index ETF's stock price today?

One share of MLN stock can currently be purchased for approximately $19.19.

What is VanEck Vectors Long Municipal Index ETF's official website?

The official website for VanEck Vectors Long Municipal Index ETF is http://www.vaneck.com/.

How can I contact VanEck Vectors Long Municipal Index ETF?

VanEck Vectors Long Municipal Index ETF's mailing address is 335 Madison Avenue 19th Floor, New York, NY 10017, United States. The company can be reached via phone at +1-800-8261115.


MarketBeat Community Rating for VanEck Vectors Long Municipal Index ETF (NYSEARCA MLN)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  100
MarketBeat's community ratings are surveys of what our community members think about VanEck Vectors Long Municipal Index ETF and other stocks. Vote "Outperform" if you believe MLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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