VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by Capital Analysts LLC

Capital Analysts LLC decreased its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 39.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 552 shares of the company’s stock after selling 367 shares during the period. Capital Analysts LLC’s holdings in VanEck Intermediate Muni ETF were worth $26,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of VanEck Intermediate Muni ETF in the 1st quarter worth approximately $44,547,000. JPMorgan Chase & Co. acquired a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth approximately $18,822,000. Willis Johnson & Associates Inc. acquired a new position in shares of VanEck Intermediate Muni ETF in the 4th quarter worth approximately $19,403,000. Renaissance Technologies LLC acquired a new position in shares of VanEck Intermediate Muni ETF in the 4th quarter worth approximately $14,954,000. Finally, UBS Group AG grew its stake in shares of VanEck Intermediate Muni ETF by 57.6% in the 3rd quarter. UBS Group AG now owns 633,530 shares of the company’s stock worth $27,939,000 after purchasing an additional 231,515 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Performance

Shares of ITM opened at $45.96 on Friday. The stock has a 50-day simple moving average of $46.41 and a 200 day simple moving average of $45.86.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.111 dividend. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, April 1st.

VanEck Intermediate Muni ETF Company 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.