B. Riley Wealth Advisors Inc. decreased its position in VanEck Intermediate Muni ETF (BATS:ITM – Free Report) by 13.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,202 shares of the company’s stock after selling 972 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in VanEck Intermediate Muni ETF were worth $291,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of ITM. HTLF Bank lifted its holdings in VanEck Intermediate Muni ETF by 20.7% in the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock valued at $59,680,000 after buying an additional 218,233 shares during the period. Envestnet Asset Management Inc. lifted its holdings 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 valued at $45,320,000 after buying an additional 157,446 shares during the period. NewEdge Advisors LLC lifted its holdings in VanEck Intermediate Muni ETF by 150.2% in the second quarter. NewEdge Advisors LLC now owns 177,644 shares of the company’s stock valued at $8,143,000 after buying an additional 106,641 shares during the period. World Investment Advisors LLC acquired a new position in VanEck Intermediate Muni ETF in the third quarter valued at $3,551,000. Finally, Sanctuary Advisors LLC acquired a new position in VanEck Intermediate Muni ETF in the second quarter valued at $3,123,000.
VanEck Intermediate Muni ETF Trading Up 0.4 %
Shares of BATS ITM opened at $46.00 on Friday. The firm’s fifty day moving average is $46.29 and its 200-day moving average is $46.34.
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.
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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:ITM – Free Report).
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