MassMutual Private Wealth & Trust FSB Increases Position in VanEck Intermediate Muni ETF (BATS:ITM)

MassMutual Private Wealth & Trust FSB lifted its stake in VanEck Intermediate Muni ETF (BATS:ITM) by 23.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,008 shares of the company’s stock after purchasing an additional 6,551 shares during the period. MassMutual Private Wealth & Trust FSB owned about 0.09% of VanEck Intermediate Muni ETF worth $1,614,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. HTLF Bank increased its position in VanEck Intermediate Muni ETF by 20.7% during the 3rd quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock valued at $59,680,000 after purchasing an additional 218,233 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of VanEck Intermediate Muni ETF by 150.2% during the 2nd quarter. NewEdge Advisors LLC now owns 177,644 shares of the company’s stock valued at $8,143,000 after purchasing an additional 106,641 shares during the last quarter. World Investment Advisors LLC purchased a new position in VanEck Intermediate Muni ETF during the 3rd quarter worth $3,551,000. Sanctuary Advisors LLC acquired a new position in VanEck Intermediate Muni ETF during the 2nd quarter valued at about $3,123,000. Finally, Park Avenue Securities LLC grew its stake in shares of VanEck Intermediate Muni ETF by 67.5% during the fourth quarter. Park Avenue Securities LLC now owns 128,152 shares of the company’s stock worth $5,908,000 after acquiring an additional 51,628 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Performance

ITM opened at $45.84 on Tuesday. The firm’s 50-day moving average is $46.20 and its 200-day moving average is $46.35.

VanEck Intermediate Muni ETF Profile

The VanEck Intermediate Muni ETF (ITM) 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 6-17 years. ITM was launched on Dec 4, 2007 and is managed by VanEck.