Darwin Wealth Management LLC Takes Position in VanEck Intermediate Muni ETF (BATS:ITM)

Darwin Wealth Management LLC bought a new stake in VanEck Intermediate Muni ETF (BATS:ITM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,136 shares of the company’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. OLD Mission Capital LLC acquired a new position in VanEck Intermediate Muni ETF in the 1st quarter valued at about $4,029,000. B. Riley Wealth Advisors Inc. increased its position in VanEck Intermediate Muni ETF by 74.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,826 shares of the company’s stock worth $698,000 after purchasing an additional 6,773 shares during the period. Jane Street Group LLC acquired a new position in VanEck Intermediate Muni ETF during the 1st quarter worth approximately $54,421,000. Cetera Investment Advisers increased its position in VanEck Intermediate Muni ETF by 246.6% during the 1st quarter. Cetera Investment Advisers now owns 140,236 shares of the company’s stock worth $6,522,000 after purchasing an additional 99,778 shares during the period. Finally, Cetera Advisors LLC increased its position in VanEck Intermediate Muni ETF by 25.7% during the 1st quarter. Cetera Advisors LLC now owns 5,495 shares of the company’s stock worth $256,000 after purchasing an additional 1,125 shares during the period.

VanEck Intermediate Muni ETF Stock Performance

Shares of BATS:ITM opened at $46.24 on Thursday. The stock’s 50 day moving average price is $46.47 and its 200 day moving average price is $46.24.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.105 per share. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.10. The ex-dividend date was Tuesday, September 3rd.

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.