VanEck Intermediate Muni ETF (BATS:ITM) Position Boosted by Financial Counselors Inc.

Financial Counselors Inc. raised its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITMFree Report) by 51.2% during the 1st quarter, HoldingsChannel reports. The fund owned 39,971 shares of the company’s stock after purchasing an additional 13,532 shares during the period. Financial Counselors Inc.’s holdings in VanEck Intermediate Muni ETF were worth $1,859,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ITM. Pacific Capital Wealth Advisors Inc. bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $29,000. Blue Trust Inc. bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $35,000. First Horizon Advisors Inc. bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $52,000. Regent Peak Wealth Advisors LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $203,000. Finally, Global Retirement Partners LLC grew its stake in shares of VanEck Intermediate Muni ETF by 101.4% in the 4th quarter. Global Retirement Partners LLC now owns 5,144 shares of the company’s stock valued at $240,000 after buying an additional 2,590 shares in the last quarter.

VanEck Intermediate Muni ETF Price Performance

Shares of BATS ITM opened at $46.00 on Wednesday. The firm has a 50 day moving average price of $45.86 and a 200 day moving average price of $46.26.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.1023 dividend. The ex-dividend date was Monday, July 1st.

About VanEck Intermediate Muni ETF

(Free Report)

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.

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Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Intermediate Muni ETF (BATS:ITMFree Report).

Institutional Ownership by Quarter for VanEck Intermediate Muni ETF (BATS:ITM)

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