VanEck Intermediate Muni ETF $ITM Shares Acquired by Bank of America Corp DE

Bank of America Corp DE lifted its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,468,733 shares of the company’s stock after purchasing an additional 121,958 shares during the quarter. Bank of America Corp DE owned about 0.40% of VanEck Intermediate Muni ETF worth $764,643,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck Intermediate Muni ETF by 10.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,239,352 shares of the company’s stock valued at $199,928,000 after purchasing an additional 394,734 shares in the last quarter. M&T Bank Corp purchased a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter worth approximately $112,631,000. LPL Financial LLC lifted its holdings in shares of VanEck Intermediate Muni ETF by 2.4% in the 4th quarter. LPL Financial LLC now owns 2,133,566 shares of the company’s stock valued at $100,619,000 after buying an additional 50,368 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of VanEck Intermediate Muni ETF by 46.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,281,231 shares of the company’s stock valued at $59,715,000 after buying an additional 403,482 shares during the period. Finally, UMB Bank n.a. acquired a new stake in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $48,294,000.

VanEck Intermediate Muni ETF Stock Performance

VanEck Intermediate Muni ETF stock opened at $45.91 on Friday. The stock’s 50 day moving average price is $46.67 and its 200 day moving average price is $46.93. VanEck Intermediate Muni ETF has a 1-year low of $45.38 and a 1-year high of $48.02.

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.