VanEck Intermediate Muni ETF (BATS:ITM) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 67.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 128,152 shares of the company’s stock after buying an additional 51,628 shares during the quarter. Park Avenue Securities LLC’s holdings in VanEck Intermediate Muni ETF were worth $5,908,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ITM. Financial Counselors Inc. boosted its stake in shares of VanEck Intermediate Muni ETF by 0.7% during the 3rd quarter. Financial Counselors Inc. now owns 37,750 shares of the company’s stock worth $1,772,000 after acquiring an additional 253 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in VanEck Intermediate Muni ETF by 4.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,413 shares of the company’s stock worth $395,000 after purchasing an additional 335 shares during the period. Sargent Investment Group LLC raised its holdings in VanEck Intermediate Muni ETF by 5.4% in the 2nd quarter. Sargent Investment Group LLC now owns 6,780 shares of the company’s stock worth $311,000 after purchasing an additional 348 shares during the period. Farther Finance Advisors LLC boosted its position in VanEck Intermediate Muni ETF by 194.1% during the third quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $42,000 after purchasing an additional 588 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in VanEck Intermediate Muni ETF in the third quarter valued at approximately $43,000.

VanEck Intermediate Muni ETF Price Performance

VanEck Intermediate Muni ETF stock opened at $45.77 on Thursday. The firm has a 50 day simple moving average of $46.21 and a 200 day simple moving average of $46.35.

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.