VanEck Intermediate Muni ETF $ITM Shares Sold by CX Institutional

CX Institutional lowered its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 44.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 533,148 shares of the company’s stock after selling 424,373 shares during the quarter. CX Institutional’s holdings in VanEck Intermediate Muni ETF were worth $25,053,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in VanEck Intermediate Muni ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 16,468,733 shares of the company’s stock valued at $764,643,000 after buying an additional 121,958 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck Intermediate Muni ETF by 10.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,239,352 shares of the company’s stock worth $199,928,000 after acquiring an additional 394,734 shares in the last quarter. M&T Bank Corp purchased a new position in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at $112,631,000. LPL Financial LLC raised its stake in shares of VanEck Intermediate Muni ETF by 2.4% in the 4th quarter. LPL Financial LLC now owns 2,133,566 shares of the company’s stock valued at $100,619,000 after acquiring an additional 50,368 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of VanEck Intermediate Muni ETF by 46.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,281,231 shares of the company’s stock valued at $59,715,000 after acquiring an additional 403,482 shares during the period.

VanEck Intermediate Muni ETF Stock Performance

BATS:ITM opened at $45.86 on Tuesday. The firm’s fifty day simple moving average is $46.65 and its 200 day simple moving average is $46.92. VanEck Intermediate Muni ETF has a twelve month low of $45.45 and a twelve month high of $48.02.

VanEck Intermediate Muni ETF Company 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.