Truist Financial Corp reduced its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM – Free Report) by 14.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,024 shares of the company’s stock after selling 12,915 shares during the quarter. Truist Financial Corp’s holdings in VanEck Intermediate Muni ETF were worth $3,585,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in ITM. Blair William & Co. IL grew its stake in VanEck Intermediate Muni ETF by 163.5% in the third quarter. Blair William & Co. IL now owns 527 shares of the company’s stock valued at $25,000 after purchasing an additional 327 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of VanEck Intermediate Muni ETF by 126.3% during the third quarter. AE Wealth Management LLC now owns 1,075 shares of the company’s stock valued at $50,000 after buying an additional 600 shares during the last quarter. City Holding Co. bought a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at about $51,000. Founders Financial Alliance LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the 3rd quarter valued at about $60,000. Finally, Advisory Services Network LLC purchased a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth approximately $83,000.
VanEck Intermediate Muni ETF Trading Up 0.0%
BATS ITM opened at $46.79 on Tuesday. The company has a 50 day moving average price of $46.86 and a 200 day moving average price of $47.12. VanEck Intermediate Muni ETF has a 52 week low of $44.89 and a 52 week high of $48.02.
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.
Recommended Stories
- Five stocks we like better than VanEck Intermediate Muni ETF
- Sell in May and Go Away—Starting With These 3 Stocks
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Intermediate Muni ETF (BATS:ITM – Free Report).
Receive News & Ratings for VanEck Intermediate Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Intermediate Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.
