Beaumont Financial Advisors LLC trimmed its stake in VanEck Intermediate Muni ETF (BATS:ITM – Free Report) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 33,552 shares of the company’s stock after selling 435 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in VanEck Intermediate Muni ETF were worth $1,547,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in ITM. HTLF Bank boosted its stake in VanEck Intermediate Muni ETF by 20.7% in the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock worth $59,680,000 after purchasing an additional 218,233 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of VanEck Intermediate Muni ETF by 150.2% during the 2nd quarter. NewEdge Advisors LLC now owns 177,644 shares of the company’s stock worth $8,143,000 after buying an additional 106,641 shares during the period. World Investment Advisors LLC bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $3,551,000. Sanctuary Advisors LLC acquired a new position in VanEck Intermediate Muni ETF in the second quarter valued at about $3,123,000. Finally, Park Avenue Securities LLC increased its stake in shares of VanEck Intermediate Muni ETF by 67.5% in the 4th quarter. Park Avenue Securities LLC now owns 128,152 shares of the company’s stock valued at $5,908,000 after acquiring an additional 51,628 shares during the last quarter.
VanEck Intermediate Muni ETF Stock Up 0.6 %
Shares of BATS:ITM opened at $45.82 on Wednesday. The firm has a 50 day moving average price of $46.20 and a 200 day moving average price 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.
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Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Intermediate Muni ETF (BATS:ITM – Free Report).
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