VanEck Intermediate Muni ETF (ITM) To Go Ex-Dividend on February 3rd

VanEck Intermediate Muni ETF (BATS:ITM) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be given a dividend of 0.11 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.11.

VanEck Intermediate Muni ETF Trading Up 1.0 %

Shares of BATS:ITM traded up $0.48 during trading on Friday, hitting $46.04. 426,709 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $46.16 and a 200-day moving average of $46.34.

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.