CX Institutional raised its position in VanEck Intermediate Muni ETF (BATS:ITM – Free Report) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 934,668 shares of the company’s stock after acquiring an additional 16,954 shares during the period. VanEck Intermediate Muni ETF makes up about 1.3% of CX Institutional’s holdings, making the stock its 21st largest holding. CX Institutional’s holdings in VanEck Intermediate Muni ETF were worth $44,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently made changes to their positions in ITM. AQR Capital Management LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the first quarter valued at $247,000. Baird Financial Group Inc. bought a new stake in shares of VanEck Intermediate Muni ETF in the second quarter valued at $201,000. Qube Research & Technologies Ltd raised its stake in shares of VanEck Intermediate Muni ETF by 108.7% in the second quarter. Qube Research & Technologies Ltd now owns 2,953 shares of the company’s stock valued at $134,000 after buying an additional 1,538 shares during the period. Ameriprise Financial Inc. raised its stake in shares of VanEck Intermediate Muni ETF by 217.3% in the second quarter. Ameriprise Financial Inc. now owns 877,749 shares of the company’s stock valued at $39,908,000 after buying an additional 601,111 shares during the period. Finally, Fulton Bank N.A. raised its stake in shares of VanEck Intermediate Muni ETF by 16.8% in the third quarter. Fulton Bank N.A. now owns 60,337 shares of the company’s stock valued at $2,812,000 after buying an additional 8,667 shares during the period.
VanEck Intermediate Muni ETF Trading Down 0.3%
Shares of BATS ITM opened at $46.64 on Friday. VanEck Intermediate Muni ETF has a fifty-two week low of $44.89 and a fifty-two week high of $48.02. The stock has a fifty day moving average of $46.98 and a 200-day moving average of $47.12.
VanEck Intermediate Muni ETF Company 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.
See Also
Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Intermediate Muni ETF (BATS:ITM – Free Report).
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