VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC lessened its stake in VanEck Intermediate Muni ETF (BATS:ITM) by 17.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,505 shares of the company’s stock after selling 10,764 shares during the quarter. SteelPeak Wealth LLC owned 0.13% of VanEck Intermediate Muni ETF worth $2,282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of VanEck Intermediate Muni ETF by 194.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock valued at $42,000 after purchasing an additional 588 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in VanEck Intermediate Muni ETF during the 3rd quarter worth $43,000. Avior Wealth Management LLC acquired a new stake in VanEck Intermediate Muni ETF in the 3rd quarter valued at approximately $48,000. Darwin Wealth Management LLC bought a new stake in VanEck Intermediate Muni ETF during the third quarter worth approximately $53,000. Finally, Park Place Capital Corp bought a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter valued at about $68,000.

VanEck Intermediate Muni ETF Trading Up 1.0 %

ITM stock opened at $46.04 on Thursday. The company’s 50-day moving average price is $46.17 and its 200 day moving average price is $46.35.

VanEck Intermediate Muni ETF 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.