B. Riley Wealth Advisors Inc. Cuts Stake in VanEck Intermediate Muni ETF (BATS:ITM)

B. Riley Wealth Advisors Inc. decreased its position in VanEck Intermediate Muni ETF (BATS:ITM) by 42.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,053 shares of the company’s stock after selling 6,773 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in VanEck Intermediate Muni ETF were worth $426,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. CFS Investment Advisory Services LLC lifted its stake in shares of VanEck Intermediate Muni ETF by 6.8% in the fourth quarter. CFS Investment Advisory Services LLC now owns 10,298 shares of the company’s stock worth $484,000 after buying an additional 655 shares in the last quarter. Blue Trust Inc. bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter worth $35,000. Pacific Capital Wealth Advisors Inc. purchased a new position in shares of VanEck Intermediate Muni ETF in the fourth quarter worth $29,000. Parkside Financial Bank & Trust lifted its holdings in shares of VanEck Intermediate Muni ETF by 7.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 33,561 shares of the company’s stock valued at $1,578,000 after purchasing an additional 2,227 shares in the last quarter. Finally, Brandywine Oak Private Wealth LLC boosted its position in shares of VanEck Intermediate Muni ETF by 2.5% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 131,369 shares of the company’s stock valued at $6,178,000 after buying an additional 3,231 shares during the last quarter.

VanEck Intermediate Muni ETF Trading Down 0.1 %

ITM opened at $46.02 on Tuesday. The company’s 50-day moving average is $45.86 and its 200-day moving average is $46.32.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, June 6th. Investors of record on Monday, June 3rd were issued a $0.1071 dividend. The ex-dividend date was Monday, June 3rd.

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.