Financial Counselors Inc. Has $1.46 Million Stock Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Financial Counselors Inc. reduced its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 15.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,755 shares of the company’s stock after selling 5,995 shares during the period. Financial Counselors Inc.’s holdings in VanEck Intermediate Muni ETF were worth $1,464,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ITM. HighTower Advisors LLC raised its holdings in shares of VanEck Intermediate Muni ETF by 1.8% during the third quarter. HighTower Advisors LLC now owns 64,133 shares of the company’s stock worth $3,010,000 after acquiring an additional 1,150 shares during the period. Private Trust Co. NA raised its stake in shares of VanEck Intermediate Muni ETF by 11.5% in the 4th quarter. Private Trust Co. NA now owns 12,833 shares of the company’s stock valued at $592,000 after purchasing an additional 1,320 shares during the period. Kingsview Wealth Management LLC lifted its holdings in shares of VanEck Intermediate Muni ETF by 4.1% in the third quarter. Kingsview Wealth Management LLC now owns 8,413 shares of the company’s stock valued at $395,000 after purchasing an additional 335 shares in the last quarter. US Bancorp DE boosted its position in shares of VanEck Intermediate Muni ETF by 9,260.7% during the fourth quarter. US Bancorp DE now owns 28,082 shares of the company’s stock worth $1,295,000 after buying an additional 27,782 shares during the period. Finally, Stifel Financial Corp grew its holdings in shares of VanEck Intermediate Muni ETF by 2.7% during the third quarter. Stifel Financial Corp now owns 333,342 shares of the company’s stock worth $15,650,000 after buying an additional 8,837 shares in the last quarter.

VanEck Intermediate Muni ETF Price Performance

Shares of VanEck Intermediate Muni ETF stock opened at $45.22 on Friday. VanEck Intermediate Muni ETF has a 52-week low of $45.21 and a 52-week high of $47.01. The business’s 50 day simple moving average is $46.07 and its 200 day simple moving average is $46.26.

VanEck Intermediate Muni ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.0985 dividend. The ex-dividend date of this dividend was Monday, March 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.