Willis Johnson & Associates Inc. Has $33.82 Million Holdings in VanEck Intermediate Muni ETF $ITM

Willis Johnson & Associates Inc. increased its position in VanEck Intermediate Muni ETF (BATS:ITM) by 15.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 725,665 shares of the company’s stock after buying an additional 99,324 shares during the period. VanEck Intermediate Muni ETF accounts for about 2.1% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 11th largest holding. Willis Johnson & Associates Inc.’s holdings in VanEck Intermediate Muni ETF were worth $33,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITM. WBH Advisory Inc. grew its position in shares of VanEck Intermediate Muni ETF by 2.8% in the third quarter. WBH Advisory Inc. now owns 13,595 shares of the company’s stock valued at $634,000 after purchasing an additional 373 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in shares of VanEck Intermediate Muni ETF by 1.9% during the 2nd quarter. Baker Avenue Asset Management LP now owns 21,301 shares of the company’s stock worth $969,000 after purchasing an additional 391 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in VanEck Intermediate Muni ETF by 9.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 5,242 shares of the company’s stock valued at $238,000 after purchasing an additional 445 shares during the period. Cornerstone Wealth Management LLC grew its holdings in VanEck Intermediate Muni ETF by 0.8% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 68,515 shares of the company’s stock valued at $3,193,000 after buying an additional 517 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in VanEck Intermediate Muni ETF by 126.3% in the 3rd quarter. AE Wealth Management LLC now owns 1,075 shares of the company’s stock worth $50,000 after buying an additional 600 shares during the period.

VanEck Intermediate Muni ETF Trading Up 0.2%

Shares of ITM stock opened at $47.62 on Wednesday. VanEck Intermediate Muni ETF has a 12 month low of $43.42 and a 12 month high of $47.66. The stock has a 50 day moving average of $47.25 and a 200-day moving average of $46.72.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.117 per share. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, February 2nd.

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.