SteelPeak Wealth LLC Has $2.25 Million Holdings in VanEck Intermediate Muni ETF $ITM

SteelPeak Wealth LLC lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 19.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,173 shares of the company’s stock after selling 11,714 shares during the quarter. SteelPeak Wealth LLC’s holdings in VanEck Intermediate Muni ETF were worth $2,245,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Baker Avenue Asset Management LP raised its stake in shares of VanEck Intermediate Muni ETF by 1.9% in the 2nd quarter. Baker Avenue Asset Management LP now owns 21,301 shares of the company’s stock valued at $969,000 after acquiring an additional 391 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in VanEck Intermediate Muni ETF by 9.3% during the second quarter. First Horizon Advisors Inc. now owns 5,242 shares of the company’s stock valued at $238,000 after purchasing an additional 445 shares during the last quarter. Mattson Financial Services LLC acquired a new position in VanEck Intermediate Muni ETF during the first quarter valued at approximately $32,000. TD Private Client Wealth LLC raised its position in shares of VanEck Intermediate Muni ETF by 16.6% in the second quarter. TD Private Client Wealth LLC now owns 5,993 shares of the company’s stock valued at $273,000 after purchasing an additional 852 shares during the period. Finally, Gradient Investments LLC raised its position in shares of VanEck Intermediate Muni ETF by 10.0% in the second quarter. Gradient Investments LLC now owns 9,802 shares of the company’s stock valued at $446,000 after purchasing an additional 889 shares during the period.

VanEck Intermediate Muni ETF Stock Up 0.6%

BATS ITM opened at $47.17 on Friday. The company has a fifty day simple moving average of $47.07 and a 200 day simple moving average of $46.32. VanEck Intermediate Muni ETF has a 1 year low of $43.42 and a 1 year high of $47.01.

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.