Sargent Investment Group LLC Grows Stake in VanEck Intermediate Muni ETF (BATS:ITM)

Sargent Investment Group LLC raised its position in VanEck Intermediate Muni ETF (BATS:ITM) by 5.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 6,780 shares of the company’s stock after acquiring an additional 348 shares during the period. Sargent Investment Group LLC’s holdings in VanEck Intermediate Muni ETF were worth $311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in VanEck Intermediate Muni ETF in the 2nd quarter valued at about $44,000. Aspire Private Capital LLC lifted its stake in shares of VanEck Intermediate Muni ETF by 74.2% during the 2nd quarter. Aspire Private Capital LLC now owns 1,495 shares of the company’s stock valued at $69,000 after buying an additional 637 shares in the last quarter. Hardin Capital Partners LLC bought a new position in VanEck Intermediate Muni ETF in the 2nd quarter worth approximately $227,000. Cetera Advisors LLC grew its stake in VanEck Intermediate Muni ETF by 25.7% in the 1st quarter. Cetera Advisors LLC now owns 5,495 shares of the company’s stock valued at $256,000 after buying an additional 1,125 shares in the last quarter. Finally, &PARTNERS purchased a new position in VanEck Intermediate Muni ETF in the 2nd quarter valued at approximately $267,000.

VanEck Intermediate Muni ETF Trading Down 0.0 %

BATS:ITM opened at $46.88 on Wednesday. The stock’s 50-day moving average is $46.44 and its two-hundred day moving average is $46.18.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.105 per share. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.