VanEck Intermediate Muni ETF (BATS:ITM) Announces Dividend of $0.11

VanEck Intermediate Muni ETF (BATS:ITM) announced a dividend on Friday, August 30th, NASDAQ reports. Investors of record on Tuesday, September 3rd will be paid a dividend of 0.105 per share on Friday, September 6th. The ex-dividend date of this dividend is Tuesday, September 3rd. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

VanEck Intermediate Muni ETF Stock Performance

Shares of BATS:ITM opened at $46.47 on Monday. The company has a fifty day moving average price of $46.25 and a 200 day moving average price of $46.17.

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.