Susquehanna International Group LLP Buys Shares of 40,977 VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM)

Susquehanna International Group LLP bought a new stake in shares of VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 40,977 shares of the company’s stock, valued at approximately $2,039,000. Susquehanna International Group LLP owned about 0.11% of VanEck Vectors Intermediate Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ITM. Bank of America Corp DE grew its stake in shares of VanEck Vectors Intermediate Municipal ETF by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 17,529,701 shares of the company’s stock worth $872,102,000 after buying an additional 433,467 shares during the last quarter. Morgan Stanley boosted its holdings in VanEck Vectors Intermediate Municipal ETF by 3.4% in the second quarter. Morgan Stanley now owns 565,951 shares of the company’s stock worth $28,156,000 after acquiring an additional 18,489 shares in the last quarter. BB&T Securities LLC grew its stake in shares of VanEck Vectors Intermediate Municipal ETF by 1.5% in the second quarter. BB&T Securities LLC now owns 384,089 shares of the company’s stock worth $19,108,000 after acquiring an additional 5,660 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of VanEck Vectors Intermediate Municipal ETF by 6.8% in the second quarter. Wells Fargo & Company MN now owns 347,987 shares of the company’s stock worth $17,313,000 after acquiring an additional 22,253 shares during the last quarter. Finally, CX Institutional grew its stake in shares of VanEck Vectors Intermediate Municipal ETF by 2.9% in the second quarter. CX Institutional now owns 263,517 shares of the company’s stock worth $13,110,000 after acquiring an additional 7,359 shares during the last quarter.

Shares of NYSEARCA:ITM traded down $0.11 on Wednesday, hitting $50.34. 58,943 shares of the company traded hands, compared to its average volume of 163,541. The stock has a 50 day simple moving average of $50.69 and a 200-day simple moving average of $49.48. VanEck Vectors Intermediate Municipal ETF has a 52 week low of $45.86 and a 52 week high of $51.11.

The company also recently declared a — dividend, which was paid on Monday, September 9th. Investors of record on Wednesday, September 4th were paid a $0.0914 dividend. This represents a yield of 2.2%. The ex-dividend date was Tuesday, September 3rd.

VanEck Vectors Intermediate Municipal ETF Company Profile

Market Vectors Intermediate Municipal Index ETF (the Fund) seeks to replicate the price and yield performance of the Barclays Capital AMT-Free Intermediate Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 6 to 16 years.

See Also: Liquidity

Institutional Ownership by Quarter for VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM)

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