Wealth Enhancement Advisory Services LLC Increases Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Wealth Enhancement Advisory Services LLC boosted its position in VanEck Intermediate Muni ETF (BATS:ITM) by 0.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 802,854 shares of the company’s stock after purchasing an additional 3,817 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Intermediate Muni ETF were worth $37,694,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of VanEck Intermediate Muni ETF during the 1st quarter valued at $54,421,000. Advisors Preferred LLC purchased a new stake in VanEck Intermediate Muni ETF during the first quarter valued at about $10,313,000. HTLF Bank boosted its position in VanEck Intermediate Muni ETF by 20.7% during the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock valued at $59,680,000 after buying 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. Finally, NewEdge Advisors LLC increased 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.

VanEck Intermediate Muni ETF Price Performance

BATS ITM opened at $46.09 on Friday. The firm has a fifty day moving average of $46.64 and a 200-day moving average of $46.22.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.105 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

VanEck Intermediate Muni ETF 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.