VanEck Intermediate Muni ETF $ITM Shares Sold by Family Capital Management Inc.

Family Capital Management Inc. reduced its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,258 shares of the company’s stock after selling 427 shares during the quarter. Family Capital Management Inc.’s holdings in VanEck Intermediate Muni ETF were worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in ITM. Mattson Financial Services LLC acquired a new position in VanEck Intermediate Muni ETF in the first quarter valued at $32,000. Keystone Global Partners LLC purchased a new stake in VanEck Intermediate Muni ETF during the first quarter valued at about $47,000. AlphaCore Capital LLC purchased a new stake in VanEck Intermediate Muni ETF during the first quarter valued at about $48,000. Ameritas Advisory Services LLC purchased a new stake in VanEck Intermediate Muni ETF during the second quarter valued at about $54,000. Finally, JFS Wealth Advisors LLC grew its position in VanEck Intermediate Muni ETF by 10,390.0% during the first quarter. JFS Wealth Advisors LLC now owns 5,245 shares of the company’s stock valued at $239,000 after acquiring an additional 5,195 shares during the period.

VanEck Intermediate Muni ETF Price Performance

ITM stock opened at $47.12 on Wednesday. The stock has a 50-day moving average price of $46.29 and a two-hundred day moving average price of $45.56. VanEck Intermediate Muni ETF has a 12-month low of $43.42 and a 12-month high of $47.01.

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.