Creative Planning Trims Stock Position in VanEck Intermediate Muni ETF (BATS:ITM)

Creative Planning trimmed its stake in VanEck Intermediate Muni ETF (BATS:ITM) by 28.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 13,268 shares of the company’s stock after selling 5,233 shares during the period. Creative Planning’s holdings in VanEck Intermediate Muni ETF were worth $623,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sargent Investment Group LLC grew its holdings in shares of VanEck Intermediate Muni ETF by 5.4% in the second quarter. Sargent Investment Group LLC now owns 6,780 shares of the company’s stock valued at $311,000 after purchasing an additional 348 shares in the last quarter. Aspire Private Capital LLC grew its holdings in 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 worth $69,000 after acquiring an additional 637 shares in the last quarter. International Assets Investment Management LLC acquired a new position in VanEck Intermediate Muni ETF during the 2nd quarter worth approximately $44,000. Westside Investment Management Inc. boosted its holdings in shares of VanEck Intermediate Muni ETF by 6.1% in the 2nd quarter. Westside Investment Management Inc. now owns 17,097 shares of the company’s stock valued at $784,000 after buying an additional 977 shares in the last quarter. Finally, Strategic Blueprint LLC grew its position in shares of VanEck Intermediate Muni ETF by 15.1% in the 2nd quarter. Strategic Blueprint LLC now owns 7,504 shares of the company’s stock valued at $344,000 after buying an additional 985 shares during the last quarter.

VanEck Intermediate Muni ETF Trading Up 0.3 %

BATS ITM opened at $46.07 on Tuesday. The firm has a 50 day moving average of $46.58 and a two-hundred day moving average of $46.23.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid 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.

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.