GenTrust LLC Sells 747 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

GenTrust LLC trimmed its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 3.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 23,574 shares of the company’s stock after selling 747 shares during the period. GenTrust LLC’s holdings in VanEck Intermediate Muni ETF were worth $1,096,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. HTLF Bank bought a new position in VanEck Intermediate Muni ETF in the 4th quarter worth $46,179,000. Willis Johnson & Associates Inc. acquired a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter worth about $19,403,000. Stifel Financial Corp boosted its stake in VanEck Intermediate Muni ETF by 97.9% during the 4th quarter. Stifel Financial Corp now owns 333,607 shares of the company’s stock valued at $15,690,000 after purchasing an additional 165,058 shares during the period. Mather Group LLC. grew its holdings in VanEck Intermediate Muni ETF by 45.6% in the 4th quarter. Mather Group LLC. now owns 356,778 shares of the company’s stock valued at $16,779,000 after buying an additional 111,685 shares during the last quarter. Finally, Annex Advisory Services LLC bought a new position in VanEck Intermediate Muni ETF in the 4th quarter worth approximately $4,993,000.

VanEck Intermediate Muni ETF Stock Up 0.3 %

Shares of ITM stock traded up $0.13 during trading hours on Thursday, reaching $45.96. 71,820 shares of the company’s stock were exchanged. The business’s fifty day simple moving average is $45.85 and its two-hundred day simple moving average is $46.29.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a $0.1023 dividend. The ex-dividend date of this dividend is Monday, July 1st.

VanEck Intermediate Muni ETF Company 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.