Mather Group LLC. Sells 13,073 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Mather Group LLC. lessened its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 299,004 shares of the company’s stock after selling 13,073 shares during the period. Mather Group LLC.’s holdings in VanEck Intermediate Muni ETF were worth $13,784,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in VanEck Intermediate Muni ETF by 194.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $42,000 after purchasing an additional 588 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of VanEck Intermediate Muni ETF during the 3rd quarter worth $43,000. Avior Wealth Management LLC purchased a new position in shares of VanEck Intermediate Muni ETF during the third quarter valued at $48,000. Darwin Wealth Management LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the third quarter valued at about $53,000. Finally, Park Place Capital Corp purchased a new stake in VanEck Intermediate Muni ETF in the fourth quarter worth about $68,000.

VanEck Intermediate Muni ETF Trading Up 0.9 %

Shares of VanEck Intermediate Muni ETF stock opened at $45.99 on Tuesday. The business’s 50-day simple moving average is $46.16 and its 200-day simple moving average is $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.11 per share. The ex-dividend date is Monday, February 3rd. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.11.

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.