TIAA Trust National Association Has $40.66 Million Stock Position in VanEck Intermediate Muni ETF $ITM

TIAA Trust National Association boosted its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 70.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 862,097 shares of the company’s stock after buying an additional 357,608 shares during the period. TIAA Trust National Association’s holdings in VanEck Intermediate Muni ETF were worth $40,656,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ITM. M&T Bank Corp acquired a new stake in VanEck Intermediate Muni ETF during the 4th quarter worth approximately $112,631,000. Bank of America Corp DE raised its holdings in VanEck Intermediate Muni ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 15,865,319 shares of the company’s stock worth $739,324,000 after buying an additional 869,902 shares during the period. Ameriprise Financial Inc. raised its holdings in VanEck Intermediate Muni ETF by 217.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 877,749 shares of the company’s stock worth $39,908,000 after buying an additional 601,111 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in VanEck Intermediate Muni ETF by 10.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,239,352 shares of the company’s stock worth $199,928,000 after buying an additional 394,734 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in VanEck Intermediate Muni ETF by 18.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,051,513 shares of the company’s stock worth $49,001,000 after buying an additional 163,729 shares during the period.

VanEck Intermediate Muni ETF Stock Performance

Shares of ITM stock opened at $46.78 on Tuesday. The company’s 50 day moving average price is $46.71 and its two-hundred day moving average price is $47.06. VanEck Intermediate Muni ETF has a 52 week low of $45.01 and a 52 week high of $48.02.

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.