13,650 Shares in VanEck Intermediate Muni ETF (BATS:ITM) Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc purchased a new stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,650 shares of the company’s stock, valued at approximately $629,000.

Several other large investors have also recently made changes to their positions in ITM. CX Institutional grew its holdings in shares of VanEck Intermediate Muni ETF by 2.1% during the 3rd quarter. CX Institutional now owns 680,228 shares of the company’s stock valued at $31,937,000 after purchasing an additional 14,043 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck Intermediate Muni ETF by 18.9% during the second quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock valued at $45,320,000 after buying an additional 157,446 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of VanEck Intermediate Muni ETF by 1.8% during the third quarter. HighTower Advisors LLC now owns 64,133 shares of the company’s stock valued at $3,010,000 after buying an additional 1,150 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of VanEck Intermediate Muni ETF by 20.9% in the second quarter. Cetera Investment Advisers now owns 169,545 shares of the company’s stock worth $7,772,000 after buying an additional 29,309 shares during the period. Finally, Creative Planning lifted its stake in shares of VanEck Intermediate Muni ETF by 28.3% in the 2nd quarter. Creative Planning now owns 18,501 shares of the company’s stock valued at $848,000 after acquiring an additional 4,079 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Performance

ITM opened at $45.66 on Tuesday. The stock’s 50-day moving average is $46.22 and its 200 day moving average is $46.36.

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.