VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by JNBA Financial Advisors

JNBA Financial Advisors lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 60.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,591 shares of the company’s stock after selling 3,897 shares during the period. JNBA Financial Advisors’ holdings in VanEck Intermediate Muni ETF were worth $119,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Financial Counselors Inc. raised its holdings in shares of VanEck Intermediate Muni ETF by 0.7% during the third quarter. Financial Counselors Inc. now owns 37,750 shares of the company’s stock valued at $1,772,000 after acquiring an additional 253 shares during the last quarter. Sargent Investment Group LLC raised its stake in VanEck Intermediate Muni ETF by 4.0% in the 4th quarter. Sargent Investment Group LLC now owns 6,691 shares of the company’s stock valued at $306,000 after purchasing an additional 259 shares during the last quarter. Choreo LLC lifted its holdings in VanEck Intermediate Muni ETF by 2.0% in the 4th quarter. Choreo LLC now owns 16,541 shares of the company’s stock valued at $764,000 after purchasing an additional 321 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in VanEck Intermediate Muni ETF by 4.1% during 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 last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of 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 buying an additional 588 shares in the last quarter.

VanEck Intermediate Muni ETF Stock Up 1.4 %

Shares of BATS ITM opened at $46.22 on Friday. The firm has a 50 day simple moving average of $46.07 and a 200-day simple moving average of $46.34.

VanEck Intermediate Muni ETF Increases Dividend

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

About VanEck Intermediate Muni ETF

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.