Financial Counselors Inc. Acquires 253 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Financial Counselors Inc. raised its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 0.7% in the third quarter, Holdings Channel.com reports. The firm owned 37,750 shares of the company’s stock after purchasing an additional 253 shares during the period. Financial Counselors Inc.’s holdings in VanEck Intermediate Muni ETF were worth $1,772,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in VanEck Intermediate Muni ETF by 2.1% in the second quarter. LPL Financial LLC now owns 1,546,672 shares of the company’s stock worth $70,899,000 after acquiring an additional 31,545 shares in the last quarter. HTLF Bank boosted its stake 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in VanEck Intermediate Muni ETF by 18.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock worth $45,320,000 after purchasing an additional 157,446 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in VanEck Intermediate Muni ETF by 0.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 802,854 shares of the company’s stock valued at $37,694,000 after purchasing an additional 3,817 shares during the last quarter. Finally, CX Institutional raised its holdings in VanEck Intermediate Muni ETF by 2.1% in the third quarter. CX Institutional now owns 680,228 shares of the company’s stock worth $31,937,000 after buying an additional 14,043 shares during the last quarter.

VanEck Intermediate Muni ETF Stock Performance

BATS:ITM opened at $46.66 on Friday. The firm’s 50 day moving average price is $46.39 and its 200 day moving average price is $46.26.

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.