Park Place Capital Corp Takes $68,000 Position in VanEck Intermediate Muni ETF (BATS:ITM)

Park Place Capital Corp bought a new stake in VanEck Intermediate Muni ETF (BATS:ITM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,477 shares of the company’s stock, valued at approximately $68,000.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of VanEck Intermediate Muni ETF by 194.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock valued at $42,000 after acquiring an additional 588 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in VanEck Intermediate Muni ETF during the 3rd quarter worth $43,000. Avior Wealth Management LLC purchased a new stake in VanEck Intermediate Muni ETF during the 3rd quarter worth $48,000. Darwin Wealth Management LLC purchased a new stake in VanEck Intermediate Muni ETF during the 3rd quarter worth $53,000. Finally, ST Germain D J Co. Inc. purchased a new stake in VanEck Intermediate Muni ETF during the 4th quarter worth $141,000.

VanEck Intermediate Muni ETF Trading Up 0.6 %

VanEck Intermediate Muni ETF stock opened at $45.83 on Thursday. The business’s 50-day moving average price is $46.19 and its two-hundred day moving average price is $46.35.

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.