Fragasso Financial Advisors Inc Acquires Shares of 13,650 VanEck Intermediate Muni ETF (BATS:ITM)

Fragasso Financial Advisors Inc bought a new stake in VanEck Intermediate Muni ETF (BATS:ITMFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,650 shares of the company’s stock, valued at approximately $629,000.

Several other institutional investors have also recently made changes to their positions in ITM. HTLF Bank raised its position in VanEck Intermediate Muni ETF by 20.7% in the 3rd quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock worth $59,680,000 after purchasing an additional 218,233 shares during the period. 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. NewEdge Advisors LLC raised its holdings in shares of VanEck Intermediate Muni ETF by 150.2% in the second quarter. NewEdge Advisors LLC now owns 177,644 shares of the company’s stock worth $8,143,000 after buying an additional 106,641 shares during the period. World Investment Advisors LLC bought a new stake in shares of VanEck Intermediate Muni ETF during the 3rd quarter worth approximately $3,551,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of VanEck Intermediate Muni ETF during the 2nd quarter worth approximately $3,123,000.

VanEck Intermediate Muni ETF Stock Performance

Shares of VanEck Intermediate Muni ETF stock opened at $45.66 on Tuesday. The firm has a 50 day simple moving average of $46.22 and a two-hundred day simple moving average of $46.36.

VanEck Intermediate Muni ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Intermediate Muni ETF (BATS:ITM)

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