JPMorgan Chase & Co. Sells 79,637 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

JPMorgan Chase & Co. cut its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 325,635 shares of the company’s stock after selling 79,637 shares during the period. JPMorgan Chase & Co. owned about 0.83% of VanEck Intermediate Muni ETF worth $15,289,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in ITM. Farther Finance Advisors LLC raised its position in shares of VanEck Intermediate Muni ETF by 194.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $42,000 after acquiring an additional 588 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $43,000. Avior Wealth Management LLC bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $48,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $53,000. Finally, Kennebec Savings Bank bought a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $152,000.

VanEck Intermediate Muni ETF Price Performance

ITM opened at $45.84 on Friday. The stock has a 50 day moving average of $46.22 and a two-hundred day moving average of $46.35.

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.