VanEck Intermediate Muni ETF (BATS:ITM) Holdings Lifted by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC raised its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 382,936 shares of the company’s stock after acquiring an additional 18,558 shares during the quarter. VanEck Intermediate Muni ETF accounts for about 1.1% of Avidian Wealth Solutions LLC’s portfolio, making the stock its 16th biggest holding. Avidian Wealth Solutions LLC owned 0.98% of VanEck Intermediate Muni ETF worth $18,009,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. acquired a new position in shares of VanEck Intermediate Muni ETF in the 4th quarter worth $35,000. First Horizon Advisors Inc. acquired a new stake in VanEck Intermediate Muni ETF during the 4th quarter worth about $52,000. Carmel Capital Partners LLC acquired a new stake in VanEck Intermediate Muni ETF during the 3rd quarter worth about $62,000. Regent Peak Wealth Advisors LLC purchased a new stake in VanEck Intermediate Muni ETF during the fourth quarter valued at about $203,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of VanEck Intermediate Muni ETF in the third quarter worth about $213,000.

VanEck Intermediate Muni ETF Price Performance

Shares of VanEck Intermediate Muni ETF stock traded up $0.14 during trading on Friday, hitting $46.00. The stock had a trading volume of 175,586 shares. The stock’s 50-day simple moving average is $46.29 and its 200 day simple moving average is $46.00.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.111 per share. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.09. The ex-dividend date was Monday, April 1st.

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.