Wingate Wealth Advisors Inc. Takes $31,000 Position in VanEck Intermediate Muni ETF (BATS:ITM)

Wingate Wealth Advisors Inc. acquired a new position in shares of VanEck Intermediate Muni ETF (BATS:ITM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 676 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITM. HTLF Bank boosted 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 purchasing an additional 218,233 shares during the period. World Investment Advisors LLC acquired a new position in VanEck Intermediate Muni ETF during the third quarter worth $3,551,000. CX Institutional boosted its position in shares of VanEck Intermediate Muni ETF by 8.5% during the fourth quarter. CX Institutional now owns 738,357 shares of the company’s stock worth $34,038,000 after buying an additional 58,129 shares during the period. Park Avenue Securities LLC grew its stake in shares of VanEck Intermediate Muni ETF by 67.5% in the fourth quarter. Park Avenue Securities LLC now owns 128,152 shares of the company’s stock valued at $5,908,000 after buying an additional 51,628 shares in the last quarter. Finally, OLD National Bancorp IN grew its stake in shares of VanEck Intermediate Muni ETF by 16.4% in the fourth quarter. OLD National Bancorp IN now owns 250,100 shares of the company’s stock valued at $11,530,000 after buying an additional 35,162 shares in the last quarter.

VanEck Intermediate Muni ETF Trading Up 1.2 %

ITM opened at $46.12 on Wednesday. The business’s 50-day moving average price is $46.12 and its 200-day moving average price is $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders 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.

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.