CX Institutional Has $31.94 Million Stock Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

CX Institutional boosted its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 2.1% in the third quarter, Holdings Channel reports. The institutional investor owned 680,228 shares of the company’s stock after buying an additional 14,043 shares during the period. VanEck Intermediate Muni ETF accounts for approximately 1.4% of CX Institutional’s holdings, making the stock its 13th largest position. CX Institutional’s holdings in VanEck Intermediate Muni ETF were worth $31,937,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ITM. International Assets Investment Management LLC acquired a new position in VanEck Intermediate Muni ETF in the 2nd quarter valued at approximately $44,000. Aspire Private Capital LLC increased its stake in shares of VanEck Intermediate Muni ETF by 74.2% in the second quarter. Aspire Private Capital LLC now owns 1,495 shares of the company’s stock valued at $69,000 after buying an additional 637 shares during the period. Hardin Capital Partners LLC acquired a new stake in VanEck Intermediate Muni ETF during the 2nd quarter valued at approximately $227,000. Cetera Advisors LLC raised its stake in VanEck Intermediate Muni ETF by 25.7% during the first quarter. Cetera Advisors LLC now owns 5,495 shares of the company’s stock worth $256,000 after buying an additional 1,125 shares during the last quarter. Finally, &PARTNERS acquired a new position in shares of VanEck Intermediate Muni ETF in the 2nd quarter valued at about $267,000.

VanEck Intermediate Muni ETF Stock Down 0.2 %

BATS:ITM opened at $46.51 on Tuesday. The business has a 50 day moving average of $46.65 and a two-hundred day moving average of $46.21.

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. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.10. The ex-dividend date was Tuesday, September 3rd.

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.