VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by Kwmg LLC

Kwmg LLC cut its position in VanEck Intermediate Muni ETF (BATS:ITM) by 30.5% in the second quarter, Holdings Channel reports. The firm owned 9,576 shares of the company’s stock after selling 4,212 shares during the period. Kwmg LLC’s holdings in VanEck Intermediate Muni ETF were worth $441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ITM. Blair William & Co. IL raised its stake in shares of VanEck Intermediate Muni ETF by 65.8% during the 4th quarter. Blair William & Co. IL now owns 2,813 shares of the company’s stock worth $128,000 after buying an additional 1,116 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of VanEck Intermediate Muni ETF by 633.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,818 shares of the company’s stock worth $83,000 after purchasing an additional 1,570 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in shares of VanEck Intermediate Muni ETF by 309.8% during the fourth quarter. Advisor Group Holdings Inc. now owns 184,061 shares of the company’s stock worth $8,395,000 after purchasing an additional 139,149 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in shares of VanEck Intermediate Muni ETF during the fourth quarter worth $585,000. Finally, Rehmann Capital Advisory Group boosted its holdings in shares of VanEck Intermediate Muni ETF by 12.0% during the fourth quarter. Rehmann Capital Advisory Group now owns 56,025 shares of the company’s stock worth $2,555,000 after purchasing an additional 5,981 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Down 0.2 %

Shares of ITM stock traded down $0.07 during mid-day trading on Friday, hitting $45.08. 375,957 shares of the company’s stock were exchanged. The company has a fifty day simple moving average of $45.63 and a 200-day simple moving average of $45.89.

VanEck Intermediate Muni ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, July 5th were issued a dividend of $0.0904 per share. The ex-dividend date was Monday, July 3rd.

VanEck Intermediate Muni ETF 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.