VanEck Intermediate Muni ETF (BATS:ITM) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 8.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,028 shares of the company’s stock after selling 7,461 shares during the quarter. Truist Financial Corp owned 0.22% of VanEck Intermediate Muni ETF worth $3,898,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ITM. International Assets Investment Management LLC purchased a new position in shares of VanEck Intermediate Muni ETF during the 2nd quarter worth approximately $44,000. Aspire Private Capital LLC boosted its position in shares of VanEck Intermediate Muni ETF by 74.2% during the second quarter. Aspire Private Capital LLC now owns 1,495 shares of the company’s stock worth $69,000 after buying an additional 637 shares during the period. Hardin Capital Partners LLC acquired a new stake in shares of VanEck Intermediate Muni ETF in the second quarter valued at $227,000. Cetera Advisors LLC grew its stake in shares of VanEck Intermediate Muni ETF by 25.7% in the first quarter. Cetera Advisors LLC now owns 5,495 shares of the company’s stock valued at $256,000 after buying an additional 1,125 shares in the last quarter. Finally, &PARTNERS purchased a new stake in shares of VanEck Intermediate Muni ETF in the 2nd quarter valued at $267,000.

VanEck Intermediate Muni ETF Price Performance

Shares of VanEck Intermediate Muni ETF stock opened at $46.67 on Wednesday. The firm’s 50 day moving average price is $46.64 and its 200-day moving average price is $46.21.

VanEck Intermediate Muni ETF Increases Dividend

The firm 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 boost from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

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.