VanEck Intermediate Muni ETF $ITM Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 8.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 589,811 shares of the company’s stock after selling 53,598 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Intermediate Muni ETF were worth $27,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ITM. Northwestern Mutual Wealth Management Co. grew its stake in VanEck Intermediate Muni ETF by 47.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,636,894 shares of the company’s stock worth $165,370,000 after acquiring an additional 1,164,977 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of 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 purchasing an additional 601,111 shares during the period. CX Institutional boosted its holdings in shares of VanEck Intermediate Muni ETF by 27.3% during the third quarter. CX Institutional now owns 917,714 shares of the company’s stock worth $42,765,000 after purchasing an additional 196,693 shares during the last quarter. Mather Group LLC. grew its position in shares of VanEck Intermediate Muni ETF by 49.7% in the second quarter. Mather Group LLC. now owns 447,121 shares of the company’s stock valued at $20,331,000 after purchasing an additional 148,426 shares during the period. Finally, Simon Quick Advisors LLC purchased a new stake in shares of VanEck Intermediate Muni ETF in the second quarter valued at $4,996,000.

VanEck Intermediate Muni ETF Stock Performance

ITM opened at $47.25 on Thursday. VanEck Intermediate Muni ETF has a 12 month low of $43.42 and a 12 month high of $47.01. The business has a 50-day moving average of $47.14 and a two-hundred day moving average of $46.51.

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.