VanEck Intermediate Muni ETF (BATS:ITM) Shares Bought by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. raised its position in VanEck Intermediate Muni ETF (BATS:ITM) by 3.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 30,529 shares of the company’s stock after purchasing an additional 1,110 shares during the period. VanEck Intermediate Muni ETF comprises approximately 1.1% of 1620 Investment Advisors Inc.’s portfolio, making the stock its 17th biggest holding. 1620 Investment Advisors Inc. owned 0.08% of VanEck Intermediate Muni ETF worth $1,399,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ITM. CFS Investment Advisory Services LLC boosted its stake in shares of VanEck Intermediate Muni ETF by 6.8% during the fourth quarter. CFS Investment Advisory Services LLC now owns 10,298 shares of the company’s stock valued at $484,000 after acquiring an additional 655 shares during the last quarter. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of VanEck Intermediate Muni ETF during the fourth quarter valued at $29,000. Parkside Financial Bank & Trust boosted its stake in shares of VanEck Intermediate Muni ETF by 7.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 33,561 shares of the company’s stock valued at $1,578,000 after acquiring an additional 2,227 shares during the last quarter. Brandywine Oak Private Wealth LLC boosted its stake in shares of VanEck Intermediate Muni ETF by 2.5% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 131,369 shares of the company’s stock valued at $6,178,000 after acquiring an additional 3,231 shares during the last quarter. Finally, Annex Advisory Services LLC acquired a new stake in shares of VanEck Intermediate Muni ETF during the fourth quarter valued at $4,993,000.

VanEck Intermediate Muni ETF Stock Down 0.2 %

Shares of ITM traded down $0.11 during trading hours on Thursday, reaching $46.42. 124,464 shares of the company traded hands. The company’s fifty day moving average price is $46.19 and its two-hundred day moving average price is $46.17.

VanEck Intermediate Muni ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.1023 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.