Aquire Wealth Advisors LLC Sells 16,043 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Aquire Wealth Advisors LLC reduced its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 39.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,907 shares of the company’s stock after selling 16,043 shares during the quarter. VanEck Intermediate Muni ETF makes up about 0.4% of Aquire Wealth Advisors LLC’s portfolio, making the stock its 22nd largest holding. Aquire Wealth Advisors LLC owned about 0.06% of VanEck Intermediate Muni ETF worth $1,148,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Wells Fargo & Company MN raised its holdings in VanEck Intermediate Muni ETF by 80.2% during the 4th quarter. Wells Fargo & Company MN now owns 917,706 shares of the company’s stock worth $42,306,000 after purchasing an additional 408,498 shares during the last quarter. HighTower Advisors LLC raised its stake in VanEck Intermediate Muni ETF by 468.5% during the fourth quarter. HighTower Advisors LLC now owns 364,622 shares of the company’s stock worth $16,809,000 after buying an additional 300,489 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in VanEck Intermediate Muni ETF by 28.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,207,979 shares of the company’s stock valued at $55,688,000 after buying an additional 264,717 shares during the period. LPL Financial LLC boosted its position in VanEck Intermediate Muni ETF by 12.1% during the fourth quarter. LPL Financial LLC now owns 1,771,835 shares of the company’s stock valued at $81,682,000 after acquiring an additional 190,989 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in VanEck Intermediate Muni ETF during the 4th quarter worth about $7,250,000.

VanEck Intermediate Muni ETF Price Performance

Shares of BATS:ITM opened at $44.43 on Friday. VanEck Intermediate Muni ETF has a 1 year low of $43.42 and a 1 year high of $47.01. The business’s 50-day moving average is $45.83 and its 200-day moving average is $46.10.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0985 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.