YANKCOM Partnership Acquires New Holdings in VanEck Intermediate Muni ETF $ITM

YANKCOM Partnership bought a new position in shares of VanEck Intermediate Muni ETF (BATS:ITM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,272 shares of the company’s stock, valued at approximately $58,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of VanEck Intermediate Muni ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 1,818,572 shares of the company’s stock valued at $82,763,000 after purchasing an additional 46,737 shares in the last quarter. Jane Street Group LLC bought a new position in VanEck Intermediate Muni ETF in the 1st quarter worth about $59,063,000. Mather Group LLC. increased its stake in VanEck Intermediate Muni ETF by 49.7% in the 2nd quarter. Mather Group LLC. now owns 447,121 shares of the company’s stock worth $20,331,000 after acquiring an additional 148,426 shares during the last quarter. Condor Capital Management raised its holdings in shares of VanEck Intermediate Muni ETF by 4.9% in the 1st quarter. Condor Capital Management now owns 245,726 shares of the company’s stock valued at $11,183,000 after acquiring an additional 11,502 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of VanEck Intermediate Muni ETF by 9.8% during the 1st quarter. Raymond James Financial Inc. now owns 172,605 shares of the company’s stock valued at $7,855,000 after acquiring an additional 15,345 shares during the last quarter.

VanEck Intermediate Muni ETF Price Performance

Shares of BATS ITM opened at $46.96 on Friday. The business has a 50-day moving average of $46.85 and a 200-day moving average of $45.90. VanEck Intermediate Muni ETF has a 12 month low of $43.42 and a 12 month high of $47.01.

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.