VanEck Intermediate Muni ETF (BATS:ITM) Shares Acquired by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust lifted its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,983 shares of the company’s stock after purchasing an additional 9,133 shares during the period. Parkside Financial Bank & Trust owned about 0.17% of VanEck Intermediate Muni ETF worth $3,134,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. increased its position in VanEck Intermediate Muni ETF by 0.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 28,065 shares of the company’s stock valued at $1,294,000 after acquiring an additional 232 shares during the period. First Horizon Advisors Inc. purchased a new stake in shares of VanEck Intermediate Muni ETF during the 4th quarter worth approximately $756,000. Davidson Investment Advisors boosted its stake in shares of VanEck Intermediate Muni ETF by 7.5% during the 4th quarter. Davidson Investment Advisors now owns 335,364 shares of the company’s stock worth $15,460,000 after acquiring an additional 23,412 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in VanEck Intermediate Muni ETF by 6.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 4,563 shares of the company’s stock valued at $210,000 after buying an additional 296 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in VanEck Intermediate Muni ETF by 21.1% in the 4th quarter. Truist Financial Corp now owns 97,894 shares of the company’s stock valued at $4,513,000 after buying an additional 17,059 shares in the last quarter.

VanEck Intermediate Muni ETF Stock Performance

ITM stock opened at $46.58 on Friday. The company has a 50-day moving average of $46.07 and a 200 day moving average of $46.34.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.11 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.11.

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.