VanEck Intermediate Muni ETF (BATS:ITM) Stock Position Trimmed by Goodwin Investment Advisory

Goodwin Investment Advisory trimmed its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,507 shares of the company’s stock after selling 288 shares during the period. VanEck Intermediate Muni ETF accounts for approximately 1.3% of Goodwin Investment Advisory’s holdings, making the stock its 12th biggest position. Goodwin Investment Advisory’s holdings in VanEck Intermediate Muni ETF were worth $2,467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITM. Wingate Wealth Advisors Inc. bought a new stake in shares of VanEck Intermediate Muni ETF during the fourth quarter valued at approximately $31,000. Farther Finance Advisors LLC raised its stake in VanEck Intermediate Muni ETF by 194.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock valued at $42,000 after acquiring an additional 588 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in VanEck Intermediate Muni ETF during the 3rd quarter worth $43,000. Avior Wealth Management LLC acquired a new position in VanEck Intermediate Muni ETF during the 3rd quarter worth $48,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of VanEck Intermediate Muni ETF during the third quarter valued at $53,000.

VanEck Intermediate Muni ETF Trading Up 2.4 %

Shares of BATS ITM opened at $46.65 on Friday. The company’s fifty day moving average is $46.09 and its 200-day moving average is $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently declared 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 an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Monday, February 3rd.

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.