Beaumont Financial Advisors LLC Has $1.78 Million Stock Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Beaumont Financial Advisors LLC lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 1.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 37,942 shares of the company’s stock after selling 428 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in VanEck Intermediate Muni ETF were worth $1,784,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Blue Trust Inc. acquired a new stake in VanEck Intermediate Muni ETF in the 4th quarter worth about $35,000. Cornerstone Wealth Management LLC raised its stake in VanEck Intermediate Muni ETF by 5.0% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 67,668 shares of the company’s stock worth $2,984,000 after purchasing an additional 3,223 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in VanEck Intermediate Muni ETF by 21.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 721,004 shares of the company’s stock worth $31,796,000 after purchasing an additional 129,229 shares in the last quarter. Willis Johnson & Associates Inc. acquired a new stake in VanEck Intermediate Muni ETF in the 4th quarter worth about $19,403,000. Finally, Massmutual Trust Co. FSB ADV raised its stake in VanEck Intermediate Muni ETF by 188.6% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 30,770 shares of the company’s stock worth $1,447,000 after purchasing an additional 20,110 shares in the last quarter.

VanEck Intermediate Muni ETF Stock Down 0.1 %

VanEck Intermediate Muni ETF stock traded down $0.03 during midday trading on Friday, hitting $45.93. The company’s stock had a trading volume of 151,955 shares. The company has a fifty day simple moving average of $46.42 and a 200-day simple moving average of $45.85.

VanEck Intermediate Muni ETF Increases Dividend

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

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.