Choreo LLC Increases Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Choreo LLC boosted its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 16,541 shares of the company’s stock after buying an additional 321 shares during the period. Choreo LLC’s holdings in VanEck Intermediate Muni ETF were worth $764,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ITM. HTLF Bank grew its position in shares of VanEck Intermediate Muni ETF by 20.7% during the 3rd quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock worth $59,680,000 after buying an additional 218,233 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in VanEck Intermediate Muni ETF by 0.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 807,035 shares of the company’s stock worth $37,890,000 after acquiring an additional 4,181 shares in the last quarter. CX Institutional increased its position in VanEck Intermediate Muni ETF by 8.5% during the 4th quarter. CX Institutional now owns 738,357 shares of the company’s stock valued at $34,038,000 after purchasing an additional 58,129 shares during the period. Avidian Wealth Enterprises LLC increased its position in VanEck Intermediate Muni ETF by 0.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 454,583 shares of the company’s stock valued at $21,343,000 after purchasing an additional 3,647 shares during the period. Finally, Stifel Financial Corp raised its holdings in shares of VanEck Intermediate Muni ETF by 2.7% in the 3rd quarter. Stifel Financial Corp now owns 333,342 shares of the company’s stock valued at $15,650,000 after purchasing an additional 8,837 shares in the last quarter.

VanEck Intermediate Muni ETF Stock Performance

BATS ITM opened at $46.20 on Monday. The company’s 50-day simple moving average is $46.13 and its 200 day simple moving average is $46.34.

VanEck Intermediate Muni ETF Increases Dividend

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

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.