Family Capital Management Inc. Trims Stock Holdings in VanEck Intermediate Muni ETF $ITM

Family Capital Management Inc. lowered its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 3.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,258 shares of the company’s stock after selling 427 shares during the period. Family Capital Management Inc.’s holdings in VanEck Intermediate Muni ETF were worth $512,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. WBH Advisory Inc. purchased a new position in VanEck Intermediate Muni ETF in the second quarter valued at about $601,000. J.Safra Asset Management Corp bought a new position in VanEck Intermediate Muni ETF during the 2nd quarter worth approximately $2,197,000. Axxcess Wealth Management LLC lifted its holdings in VanEck Intermediate Muni ETF by 1,608.4% during the 2nd quarter. Axxcess Wealth Management LLC now owns 79,696 shares of the company’s stock worth $3,624,000 after buying an additional 75,031 shares during the last quarter. ONE Advisory Partners LLC lifted its holdings in VanEck Intermediate Muni ETF by 26.2% during the 2nd quarter. ONE Advisory Partners LLC now owns 12,766 shares of the company’s stock worth $578,000 after buying an additional 2,651 shares during the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in VanEck Intermediate Muni ETF by 2.6% during the 2nd quarter. SteelPeak Wealth LLC now owns 59,887 shares of the company’s stock worth $2,723,000 after buying an additional 1,499 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Up 3.4%

BATS:ITM opened at $47.12 on Wednesday. The business’s 50 day moving average is $46.29 and its two-hundred day moving average is $45.56. VanEck Intermediate Muni ETF has a 52 week low of $43.42 and a 52 week high of $47.01.

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.