Commonwealth Equity Services LLC Sells 23,223 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Commonwealth Equity Services LLC reduced its position in VanEck Intermediate Muni ETF (BATS:ITM) by 52.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,186 shares of the company’s stock after selling 23,223 shares during the period. Commonwealth Equity Services LLC owned approximately 0.05% of VanEck Intermediate Muni ETF worth $971,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ITM. International Assets Investment Management LLC bought a new position in VanEck Intermediate Muni ETF during the 2nd quarter valued at $44,000. Aspire Private Capital LLC increased its position in shares of VanEck Intermediate Muni ETF by 74.2% during the 2nd quarter. Aspire Private Capital LLC now owns 1,495 shares of the company’s stock valued at $69,000 after purchasing an additional 637 shares during the last quarter. Cetera Advisors LLC increased its position in shares of VanEck Intermediate Muni ETF by 25.7% during the 1st quarter. Cetera Advisors LLC now owns 5,495 shares of the company’s stock valued at $256,000 after purchasing an additional 1,125 shares during the last quarter. &PARTNERS purchased a new stake in shares of VanEck Intermediate Muni ETF during the 2nd quarter valued at $267,000. Finally, Kingsview Wealth Management LLC increased its position in shares of VanEck Intermediate Muni ETF by 47.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 7,121 shares of the company’s stock valued at $335,000 after purchasing an additional 2,291 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Down 0.0 %

Shares of VanEck Intermediate Muni ETF stock opened at $46.88 on Wednesday. The company’s 50-day simple moving average is $46.44 and its two-hundred day simple moving average is $46.18.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.105 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

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.