Family Capital Management Inc. Has $703,000 Position in VanEck Intermediate Muni ETF (BATS:ITM)

Family Capital Management Inc. cut its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,980 shares of the company’s stock after selling 1,381 shares during the quarter. Family Capital Management Inc.’s holdings in VanEck Intermediate Muni ETF were worth $703,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ITM. &PARTNERS bought a new stake in shares of VanEck Intermediate Muni ETF in the second quarter valued at about $267,000. Choreo LLC bought a new stake in VanEck Intermediate Muni ETF in the 2nd quarter valued at approximately $741,000. CX Institutional boosted its position in VanEck Intermediate Muni ETF by 2.1% during the 3rd quarter. CX Institutional now owns 680,228 shares of the company’s stock worth $31,937,000 after acquiring an additional 14,043 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck Intermediate Muni ETF by 18.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock worth $45,320,000 after acquiring an additional 157,446 shares in the last quarter. Finally, Idaho Trust Bank acquired a new stake in shares of VanEck Intermediate Muni ETF in the second quarter valued at approximately $2,121,000.

VanEck Intermediate Muni ETF Stock Performance

Shares of ITM stock opened at $46.19 on Friday. The stock has a 50 day simple moving average of $46.43 and a two-hundred day simple moving average of $46.24.

VanEck Intermediate Muni ETF Increases Dividend

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

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.