15,904 VanEck Intermediate Muni ETF $ITM Shares Sold by Westside Investment Management Inc.

Westside Investment Management Inc. cut its position in VanEck Intermediate Muni ETF (BATS:ITM) by 69.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,949 shares of the company’s stock after selling 15,904 shares during the quarter. Westside Investment Management Inc.’s holdings in VanEck Intermediate Muni ETF were worth $306,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ITM. Claro Advisors Inc. grew its stake in shares of VanEck Intermediate Muni ETF by 270.3% during the 3rd quarter. Claro Advisors Inc. now owns 28,043 shares of the company’s stock worth $1,234,000 after acquiring an additional 20,469 shares during the period. Gutierrez Wealth Advisory LLC raised its stake in VanEck Intermediate Muni ETF by 28.1% in the 3rd quarter. Gutierrez Wealth Advisory LLC now owns 17,625 shares of the company’s stock valued at $775,000 after acquiring an additional 3,871 shares during the period. Commonwealth Equity Services LLC purchased a new stake in VanEck Intermediate Muni ETF during the third quarter valued at about $305,000. XML Financial LLC lifted its holdings in VanEck Intermediate Muni ETF by 2.2% during the third quarter. XML Financial LLC now owns 32,472 shares of the company’s stock valued at $1,429,000 after purchasing an additional 713 shares during the last quarter. Finally, TSG Advice Partners LLC purchased a new stake in VanEck Intermediate Muni ETF during the third quarter valued at about $757,000.

VanEck Intermediate Muni ETF Price Performance

BATS:ITM traded up $0.12 on Friday, reaching $46.06. 741,708 shares of the company’s stock were exchanged, compared to its average volume of 441,291. VanEck Intermediate Muni ETF has a 52 week low of $43.58 and a 52 week high of $48.02. The stock has a fifty day simple moving average of $44.90 and a 200-day simple moving average of $46.32.

About VanEck Intermediate Muni ETF

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.