Mather Group LLC. Has $13.78 Million Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Mather Group LLC. trimmed its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 299,004 shares of the company’s stock after selling 13,073 shares during the quarter. Mather Group LLC. owned 0.76% of VanEck Intermediate Muni ETF worth $13,784,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Granite Harbor Advisors Inc. increased its stake in VanEck Intermediate Muni ETF by 17.0% during the 4th quarter. Granite Harbor Advisors Inc. now owns 67,254 shares of the company’s stock valued at $3,100,000 after purchasing an additional 9,795 shares in the last quarter. Northeast Financial Group Inc. acquired a new position in shares of VanEck Intermediate Muni ETF during the fourth quarter valued at about $455,000. OLD National Bancorp IN increased its position in shares of VanEck Intermediate Muni ETF by 16.4% during the fourth quarter. OLD National Bancorp IN now owns 250,100 shares of the company’s stock worth $11,530,000 after acquiring an additional 35,162 shares in the last quarter. Strategic Blueprint LLC raised its holdings in shares of VanEck Intermediate Muni ETF by 26.9% in the 4th quarter. Strategic Blueprint LLC now owns 8,640 shares of the company’s stock worth $398,000 after acquiring an additional 1,829 shares during the last quarter. Finally, CFS Investment Advisory Services LLC lifted its position in VanEck Intermediate Muni ETF by 11.0% in the 4th quarter. CFS Investment Advisory Services LLC now owns 15,057 shares of the company’s stock valued at $694,000 after acquiring an additional 1,490 shares in the last quarter.

VanEck Intermediate Muni ETF Price Performance

ITM stock opened at $45.99 on Tuesday. The company’s 50-day moving average is $46.16 and its 200-day moving average is $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a $0.11 dividend. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.11. The ex-dividend date of this dividend is Monday, February 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.