Synovus Financial Corp Has $271,000 Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Synovus Financial Corp lessened its position in VanEck Intermediate Muni ETF (BATS:ITM) by 12.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,777 shares of the company’s stock after selling 847 shares during the quarter. Synovus Financial Corp’s holdings in VanEck Intermediate Muni ETF were worth $271,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of VanEck Intermediate Muni ETF in the third quarter worth about $43,000. World Investment Advisors LLC acquired a new position in shares of VanEck Intermediate Muni ETF during the third quarter worth approximately $3,551,000. Sanctuary Advisors LLC boosted its position in shares of VanEck Intermediate Muni ETF by 15.5% in the third quarter. Sanctuary Advisors LLC now owns 78,756 shares of the company’s stock valued at $3,638,000 after acquiring an additional 10,569 shares during the period. Westside Investment Management Inc. grew its stake in shares of VanEck Intermediate Muni ETF by 10.4% in the third quarter. Westside Investment Management Inc. now owns 18,876 shares of the company’s stock worth $886,000 after acquiring an additional 1,779 shares during the last quarter. Finally, Stifel Financial Corp increased its position in VanEck Intermediate Muni ETF by 2.7% during the third quarter. Stifel Financial Corp now owns 333,342 shares of the company’s stock worth $15,650,000 after acquiring an additional 8,837 shares during the period.

VanEck Intermediate Muni ETF Stock Down 0.6 %

BATS:ITM opened at $46.07 on Thursday. The firm’s 50 day moving average is $46.32 and its two-hundred day moving average is $46.34.

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.