Envestnet Asset Management Inc. Has $28.54 Million Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Envestnet Asset Management Inc. grew its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 16.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 614,164 shares of the company’s stock after acquiring an additional 88,365 shares during the quarter. Envestnet Asset Management Inc. owned 1.55% of VanEck Intermediate Muni ETF worth $28,540,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ITM. Commonwealth Equity Services LLC raised its stake in VanEck Intermediate Muni ETF by 45.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 61,789 shares of the company’s stock worth $2,818,000 after acquiring an additional 19,427 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in VanEck Intermediate Muni ETF by 17.3% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 31,956 shares of the company’s stock worth $1,458,000 after acquiring an additional 4,705 shares in the last quarter. Highland Financial Advisors LLC acquired a new position in VanEck Intermediate Muni ETF during the fourth quarter worth about $1,309,000. Ameraudi Asset Management Inc. acquired a new position in shares of VanEck Intermediate Muni ETF in the fourth quarter valued at approximately $314,000. Finally, Dorsey & Whitney Trust CO LLC increased its stake in shares of VanEck Intermediate Muni ETF by 13.3% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 12,074 shares of the company’s stock valued at $551,000 after buying an additional 1,416 shares during the period.

VanEck Intermediate Muni ETF Price Performance

VanEck Intermediate Muni ETF stock opened at $45.34 on Thursday. The firm has a 50-day moving average price of $45.81 and a 200 day moving average price of $45.94.

VanEck Intermediate Muni ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, July 5th were paid a $0.0904 dividend. The ex-dividend date was Monday, July 3rd.

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.