Darwin Wealth Management LLC Takes Position in VanEck Intermediate Muni ETF (BATS:ITM)

Darwin Wealth Management LLC bought a new stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,136 shares of the company’s stock, valued at approximately $53,000.

Several other large investors also recently modified their holdings of ITM. LPL Financial LLC lifted its position in shares of VanEck Intermediate Muni ETF by 2.1% during the second quarter. LPL Financial LLC now owns 1,546,672 shares of the company’s stock worth $70,899,000 after purchasing an additional 31,545 shares during the last quarter. HTLF Bank lifted its position in shares of VanEck Intermediate Muni ETF by 20.7% during the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock worth $59,680,000 after purchasing an additional 218,233 shares during the last quarter. Jane Street Group LLC bought a new position in shares of VanEck Intermediate Muni ETF during the first quarter worth about $54,421,000. Envestnet Asset Management Inc. lifted its position in shares of VanEck Intermediate Muni ETF by 18.9% during the second quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock worth $45,320,000 after purchasing an additional 157,446 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in VanEck Intermediate Muni ETF by 0.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 802,854 shares of the company’s stock worth $37,694,000 after acquiring an additional 3,817 shares during the last quarter.

VanEck Intermediate Muni ETF Trading Up 0.0 %

Shares of BATS ITM opened at $46.24 on Thursday. The stock has a 50-day simple moving average of $46.47 and a 200-day simple moving average of $46.24.

VanEck Intermediate Muni ETF Increases Dividend

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

About VanEck Intermediate Muni ETF

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.