VanEck Intermediate Muni ETF (ITM) to Issue Dividend of $0.10 on July 5th

VanEck Intermediate Muni ETF (BATS:ITM) declared a dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.1023 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st.

VanEck Intermediate Muni ETF Stock Performance

ITM traded down $0.06 during trading on Friday, hitting $45.84. The company’s stock had a trading volume of 115,277 shares. The company’s 50 day moving average price is $45.85 and its 200 day moving average price is $46.31.

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.