VanEck Intermediate Muni ETF (BATS:ITM) Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 80.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,558 shares of the company’s stock after purchasing an additional 20,267 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.12% of VanEck Intermediate Muni ETF worth $2,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wingate Wealth Advisors Inc. acquired a new stake in VanEck Intermediate Muni ETF in the fourth quarter worth about $31,000. Wilmington Savings Fund Society FSB purchased a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter valued at approximately $43,000. Park Place Capital Corp purchased a new position in shares of VanEck Intermediate Muni ETF in the 4th quarter valued at approximately $68,000. Avior Wealth Management LLC boosted its stake in VanEck Intermediate Muni ETF by 65.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,688 shares of the company’s stock worth $78,000 after purchasing an additional 666 shares in the last quarter. Finally, PNC Financial Services Group Inc. purchased a new stake in VanEck Intermediate Muni ETF during the 4th quarter worth approximately $89,000.

VanEck Intermediate Muni ETF Stock Down 1.5 %

BATS ITM opened at $44.88 on Friday. VanEck Intermediate Muni ETF has a 12-month low of $43.42 and a 12-month high of $47.01. The company has a fifty day simple moving average of $45.69 and a two-hundred day simple moving average of $46.03.

VanEck Intermediate Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.0985 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.