First Horizon Advisors Inc. Buys New Position in VanEck Intermediate Muni ETF (BATS:ITM)

First Horizon Advisors Inc. bought a new stake in VanEck Intermediate Muni ETF (BATS:ITM) in the fourth quarter, HoldingsChannel reports. The fund bought 16,390 shares of the company’s stock, valued at approximately $756,000.

A number of other large investors have also recently made changes to their positions in the company. Financial Counselors Inc. boosted its position in shares of VanEck Intermediate Muni ETF by 0.7% in the 3rd quarter. Financial Counselors Inc. now owns 37,750 shares of the company’s stock valued at $1,772,000 after purchasing an additional 253 shares during the period. Sargent Investment Group LLC boosted its position in shares of VanEck Intermediate Muni ETF by 4.0% in the 4th quarter. Sargent Investment Group LLC now owns 6,691 shares of the company’s stock valued at $306,000 after purchasing an additional 259 shares during the period. Atria Wealth Solutions Inc. boosted its position in shares of VanEck Intermediate Muni ETF by 6.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 4,563 shares of the company’s stock valued at $210,000 after purchasing an additional 296 shares during the period. Choreo LLC boosted its position in shares of VanEck Intermediate Muni ETF by 2.0% in the 4th quarter. Choreo LLC now owns 16,541 shares of the company’s stock valued at $764,000 after purchasing an additional 321 shares during the period. Finally, Kingsview Wealth Management LLC boosted its position in shares of VanEck Intermediate Muni ETF by 4.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,413 shares of the company’s stock valued at $395,000 after purchasing an additional 335 shares during the period.

VanEck Intermediate Muni ETF Stock Up 1.9 %

VanEck Intermediate Muni ETF stock opened at $46.44 on Tuesday. The stock’s fifty day moving average is $46.05 and its 200 day moving average is $46.33.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.11 per share. 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.