VanEck Intermediate Muni ETF to Issue Dividend of $0.10 (BATS:ITM)

VanEck Intermediate Muni ETF (BATS:ITM) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0985 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd.

VanEck Intermediate Muni ETF Stock Performance

ITM traded up $1.09 during midday trading on Friday, hitting $46.65. 426,709 shares of the company’s stock traded hands. The company’s 50 day moving average price is $46.09 and its two-hundred day moving average price is $46.34.

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.