Hyundai Investments Co. Ltd. Takes $551,000 Position in VanEck Intermediate Muni ETF $ITM

Hyundai Investments Co. Ltd. acquired a new stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,677 shares of the company’s stock, valued at approximately $551,000. VanEck Intermediate Muni ETF makes up approximately 0.5% of Hyundai Investments Co. Ltd.’s holdings, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Blair William & Co. IL raised its position in shares of VanEck Intermediate Muni ETF by 163.5% during the 3rd quarter. Blair William & Co. IL now owns 527 shares of the company’s stock valued at $25,000 after buying an additional 327 shares in the last quarter. Midwest Trust Co grew its holdings in shares of VanEck Intermediate Muni ETF by 1.2% during the 4th quarter. Midwest Trust Co now owns 36,964 shares of the company’s stock valued at $1,743,000 after purchasing an additional 432 shares during the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of VanEck Intermediate Muni ETF by 26.9% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,307 shares of the company’s stock valued at $109,000 after purchasing an additional 489 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter valued at $34,000. Finally, World Investment Advisors grew its holdings in shares of VanEck Intermediate Muni ETF by 7.5% during the 4th quarter. World Investment Advisors now owns 11,285 shares of the company’s stock valued at $494,000 after purchasing an additional 784 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Up 0.1%

ITM stock opened at $46.83 on Tuesday. VanEck Intermediate Muni ETF has a 52 week low of $45.13 and a 52 week high of $48.02. The firm’s fifty day moving average is $46.75 and its 200 day moving average is $47.05.

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.