17,990 VanEck Intermediate Muni ETF $ITM Shares Bought by ONE Advisory Partners LLC

ONE Advisory Partners LLC lifted its stake in VanEck Intermediate Muni ETF (BATS:ITM) by 133.2% during the 3rd quarter, Holdings Channel reports. The firm owned 31,499 shares of the company’s stock after acquiring an additional 17,990 shares during the period. ONE Advisory Partners LLC’s holdings in VanEck Intermediate Muni ETF were worth $1,386,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ITM. Blue Trust Inc. grew its stake in shares of VanEck Intermediate Muni ETF by 96.0% during the first quarter. Blue Trust Inc. now owns 633 shares of the company’s stock worth $29,000 after purchasing an additional 310 shares during the period. Compass Financial Management LLC acquired a new position in VanEck Intermediate Muni ETF in the second quarter valued at about $53,000. International Assets Investment Management LLC lifted its stake in VanEck Intermediate Muni ETF by 67.9% in the first quarter. International Assets Investment Management LLC now owns 1,204 shares of the company’s stock valued at $56,000 after buying an additional 487 shares during the period. Ameritas Advisory Services LLC acquired a new position in VanEck Intermediate Muni ETF in the second quarter valued at about $67,000. Finally, Continuum Advisory LLC bought a new position in VanEck Intermediate Muni ETF during the second quarter worth about $123,000.

VanEck Intermediate Muni ETF Price Performance

ITM traded up $0.16 during midday trading on Friday, reaching $45.43. 558,546 shares of the company were exchanged, compared to its average volume of 426,393. VanEck Intermediate Muni ETF has a one year low of $43.58 and a one year high of $48.02. The stock’s 50-day simple moving average is $44.94 and its 200 day simple moving average is $46.04.

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.