Brandywine Oak Private Wealth LLC grew its position in VanEck Intermediate Muni ETF (BATS:ITM – Free Report) by 11.7% during the first quarter, Holdings Channel reports. The institutional investor owned 103,145 shares of the company’s stock after acquiring an additional 10,794 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in VanEck Intermediate Muni ETF were worth $4,789,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of ITM. Blair William & Co. IL raised its stake 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 worth $25,000 after acquiring an additional 327 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in VanEck Intermediate Muni ETF in the fourth quarter valued at approximately $34,000. City Holding Co. acquired a new stake in VanEck Intermediate Muni ETF in the fourth quarter valued at approximately $51,000. Advisory Services Network LLC acquired a new stake in VanEck Intermediate Muni ETF in the third quarter valued at approximately $83,000. Finally, Independence Bank of Kentucky purchased a new position in VanEck Intermediate Muni ETF in the fourth quarter worth $107,000.
VanEck Intermediate Muni ETF Stock Down 0.0%
BATS ITM opened at $46.96 on Wednesday. The firm’s fifty day simple moving average is $46.78 and its two-hundred day simple moving average is $47.05. VanEck Intermediate Muni ETF has a 12-month low of $45.13 and a 12-month high of $48.02.
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.
Recommended Stories
- Five stocks we like better than VanEck Intermediate Muni ETF
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Intermediate Muni ETF (BATS:ITM – Free Report).
Receive News & Ratings for VanEck Intermediate Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Intermediate Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.
