981,908 Shares in VanEck Intermediate Muni ETF (BATS:ITM) Bought by HTLF Bank

HTLF Bank purchased a new position in VanEck Intermediate Muni ETF (BATS:ITM) during the 4th quarter, Holdings Channel reports. The firm purchased 981,908 shares of the company’s stock, valued at approximately $46,179,000. VanEck Intermediate Muni ETF accounts for about 5.4% of HTLF Bank’s holdings, making the stock its 4th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Goodwin Investment Advisory boosted its position in shares of VanEck Intermediate Muni ETF by 1.5% during the 1st quarter. Goodwin Investment Advisory now owns 28,439 shares of the company’s stock valued at $1,322,000 after acquiring an additional 429 shares in the last quarter. BNP Paribas Arbitrage SNC bought a new position in VanEck Intermediate Muni ETF during the 2nd quarter valued at about $31,000. Private Trust Co. NA lifted its holdings in VanEck Intermediate Muni ETF by 6.9% during the 4th quarter. Private Trust Co. NA now owns 11,380 shares of the company’s stock valued at $535,000 after purchasing an additional 735 shares during the last quarter. Granite Harbor Advisors Inc. lifted its holdings in VanEck Intermediate Muni ETF by 1.6% during the 3rd quarter. Granite Harbor Advisors Inc. now owns 48,575 shares of the company’s stock valued at $2,142,000 after purchasing an additional 749 shares during the last quarter. Finally, 1620 Investment Advisors Inc. lifted its holdings in VanEck Intermediate Muni ETF by 3.1% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 25,489 shares of the company’s stock valued at $1,124,000 after purchasing an additional 755 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Down 0.1 %

ITM stock traded down $0.03 during trading on Friday, hitting $45.93. 151,955 shares of the stock traded hands. The stock has a 50 day moving average of $46.42 and a 200 day moving average of $45.85.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.111 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.09.

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.