James Investment Research Inc. Sells 14,644 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

James Investment Research Inc. trimmed its position in VanEck Intermediate Muni ETF (BATS:ITM) by 54.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 12,075 shares of the company’s stock after selling 14,644 shares during the period. James Investment Research Inc.’s holdings in VanEck Intermediate Muni ETF were worth $557,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of ITM. Wealth Enhancement Advisory Services LLC boosted its position in VanEck Intermediate Muni ETF by 0.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 802,854 shares of the company’s stock valued at $37,694,000 after buying an additional 3,817 shares during the last quarter. Farther Finance Advisors LLC boosted its position in VanEck Intermediate Muni ETF by 194.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock valued at $42,000 after buying an additional 588 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its position in VanEck Intermediate Muni ETF by 0.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 454,583 shares of the company’s stock valued at $21,343,000 after buying an additional 3,647 shares during the last quarter. Baker Avenue Asset Management LP boosted its position in shares of VanEck Intermediate Muni ETF by 13.5% in the 3rd quarter. Baker Avenue Asset Management LP now owns 17,703 shares of the company’s stock worth $831,000 after purchasing an additional 2,104 shares during the last quarter. Finally, Kennebec Savings Bank bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $152,000.

VanEck Intermediate Muni ETF Stock Performance

BATS:ITM opened at $46.22 on Monday. The business has a 50-day moving average of $46.07 and a two-hundred day moving average of $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.11 dividend. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.11. The ex-dividend date was Monday, February 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.