Hardin Capital Partners LLC Purchases New Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Hardin Capital Partners LLC bought a new position in VanEck Intermediate Muni ETF (BATS:ITM) in the 2nd quarter, Holdings Channel.com reports. The fund bought 4,952 shares of the company’s stock, valued at approximately $227,000.

A number of other institutional investors have also modified their holdings of the stock. Idaho Trust Bank bought a new stake in VanEck Intermediate Muni ETF in the second quarter valued at about $2,121,000. LPL Financial LLC grew its position in shares of VanEck Intermediate Muni ETF by 2.1% in the 2nd quarter. LPL Financial LLC now owns 1,546,672 shares of the company’s stock worth $70,899,000 after acquiring an additional 31,545 shares in the last quarter. Choreo LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the 2nd quarter valued at approximately $741,000. Parkside Financial Bank & Trust raised its position in shares of VanEck Intermediate Muni ETF by 28.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 49,916 shares of the company’s stock valued at $2,288,000 after acquiring an additional 11,025 shares in the last quarter. Finally, Willis Johnson & Associates Inc. lifted its stake in VanEck Intermediate Muni ETF by 3.9% during the second quarter. Willis Johnson & Associates Inc. now owns 459,523 shares of the company’s stock worth $21,065,000 after purchasing an additional 17,052 shares during the last quarter.

VanEck Intermediate Muni ETF Price Performance

VanEck Intermediate Muni ETF stock opened at $46.87 on Friday. The stock has a 50 day simple moving average of $46.38 and a two-hundred day simple moving average of $46.19.

VanEck Intermediate Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.105 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

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.