J.Safra Asset Management Corp Invests $2.20 Million in VanEck Intermediate Muni ETF $ITM

J.Safra Asset Management Corp acquired a new position in VanEck Intermediate Muni ETF (BATS:ITM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 48,404 shares of the company’s stock, valued at approximately $2,197,000. J.Safra Asset Management Corp owned about 0.12% of VanEck Intermediate Muni ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ITM. Robertson Stephens Wealth Management LLC acquired a new position in VanEck Intermediate Muni ETF during the 1st quarter valued at $203,000. Cornerstone Wealth Management LLC raised its stake in VanEck Intermediate Muni ETF by 1.9% during the 1st quarter. Cornerstone Wealth Management LLC now owns 68,962 shares of the company’s stock valued at $3,138,000 after purchasing an additional 1,267 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in VanEck Intermediate Muni ETF by 10,390.0% during the 1st quarter. JFS Wealth Advisors LLC now owns 5,245 shares of the company’s stock valued at $239,000 after purchasing an additional 5,195 shares during the last quarter. XML Financial LLC raised its stake in VanEck Intermediate Muni ETF by 1.5% during the 1st quarter. XML Financial LLC now owns 28,328 shares of the company’s stock valued at $1,289,000 after purchasing an additional 417 shares during the last quarter. Finally, GenTrust LLC raised its stake in VanEck Intermediate Muni ETF by 27.6% during the 1st quarter. GenTrust LLC now owns 20,865 shares of the company’s stock valued at $950,000 after purchasing an additional 4,510 shares during the last quarter.

VanEck Intermediate Muni ETF Trading Up 2.7%

BATS:ITM opened at $46.81 on Tuesday. VanEck Intermediate Muni ETF has a one year low of $43.42 and a one year high of $47.01. The company has a fifty day moving average price of $46.12 and a 200 day moving average price of $45.50.

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.