VanEck Intermediate Muni ETF (BATS:ITM) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 194.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 891 shares of the company’s stock after acquiring an additional 588 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Intermediate Muni ETF were worth $42,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of VanEck Intermediate Muni ETF during the 1st quarter worth about $54,421,000. HTLF Bank increased its stake in VanEck Intermediate Muni ETF by 20.7% during the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock valued at $59,680,000 after acquiring an additional 218,233 shares during the period. Envestnet Asset Management Inc. lifted its position in VanEck Intermediate Muni ETF by 18.9% in the second quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock worth $45,320,000 after purchasing an additional 157,446 shares during the period. NewEdge Advisors LLC boosted its position 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 acquiring an additional 106,641 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of VanEck Intermediate Muni ETF by 246.6% in the 1st quarter. Cetera Investment Advisers now owns 140,236 shares of the company’s stock valued at $6,522,000 after purchasing an additional 99,778 shares during the period.

VanEck Intermediate Muni ETF Stock Up 0.0 %

VanEck Intermediate Muni ETF stock opened at $46.07 on Friday. The stock’s 50 day moving average is $46.51 and its 200 day moving average is $46.23.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

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.