VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by Goodwin Investment Advisory

Goodwin Investment Advisory lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,507 shares of the company’s stock after selling 288 shares during the quarter. VanEck Intermediate Muni ETF accounts for 1.3% of Goodwin Investment Advisory’s investment portfolio, making the stock its 12th biggest position. Goodwin Investment Advisory owned 0.14% of VanEck Intermediate Muni ETF worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its position 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 raised its stake 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 valued at $34,038,000 after purchasing an additional 58,129 shares during the period. Avidian Wealth Enterprises LLC lifted its position in shares of VanEck Intermediate Muni ETF by 0.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 454,583 shares of the company’s stock worth $21,343,000 after purchasing an additional 3,647 shares in the last quarter. Davidson Investment Advisors boosted its stake in shares of VanEck Intermediate Muni ETF by 7.5% in the fourth quarter. Davidson Investment Advisors now owns 335,364 shares of the company’s stock valued at $15,460,000 after purchasing an additional 23,412 shares during the period. Finally, Stifel Financial Corp grew its holdings in VanEck Intermediate Muni ETF by 2.7% during 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 Trading Up 2.4 %

VanEck Intermediate Muni ETF stock opened at $46.65 on Friday. The business’s 50-day moving average price is $46.09 and its two-hundred 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. Investors of record on Monday, February 3rd were paid a $0.11 dividend. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Monday, February 3rd.

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.