Thrivent Financial for Lutherans purchased a new stake in VanEck Intermediate Muni ETF (BATS:ITM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 90,276 shares of the company’s stock, valued at approximately $4,105,000. Thrivent Financial for Lutherans owned approximately 0.22% of VanEck Intermediate Muni ETF at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Mattson Financial Services LLC bought a new position in VanEck Intermediate Muni ETF in the 1st quarter valued at $32,000. Ameritas Advisory Services LLC acquired a new position in shares of VanEck Intermediate Muni ETF during the second quarter valued at $54,000. YANKCOM Partnership bought a new position in VanEck Intermediate Muni ETF in the second quarter valued at about $58,000. Qube Research & Technologies Ltd increased its position in VanEck Intermediate Muni ETF by 108.7% in the second quarter. Qube Research & Technologies Ltd now owns 2,953 shares of the company’s stock worth $134,000 after purchasing an additional 1,538 shares during the period. Finally, Baird Financial Group Inc. acquired a new stake in VanEck Intermediate Muni ETF in the second quarter worth about $201,000.
VanEck Intermediate Muni ETF Stock Performance
VanEck Intermediate Muni ETF stock opened at $47.18 on Friday. VanEck Intermediate Muni ETF has a 1 year low of $43.42 and a 1 year high of $47.01. The company’s 50-day moving average is $47.03 and its two-hundred day moving average is $46.18.
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.
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