16,110 Shares of VanEck Intermediate Muni ETF $ITM Acquired by TSG Advice Partners LLC

TSG Advice Partners LLC acquired a new stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 16,110 shares of the company’s stock, valued at approximately $757,000.

Several other large investors have also modified their holdings of ITM. Compass Financial Management LLC acquired a new stake in shares of VanEck Intermediate Muni ETF in the second quarter worth approximately $53,000. International Assets Investment Management LLC increased its position in VanEck Intermediate Muni ETF by 67.9% during the first quarter. International Assets Investment Management LLC now owns 1,204 shares of the company’s stock worth $56,000 after purchasing an additional 487 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in VanEck Intermediate Muni ETF during the second quarter worth approximately $67,000. Continuum Advisory LLC purchased a new position in VanEck Intermediate Muni ETF during the second quarter worth approximately $123,000. Finally, GAMMA Investing LLC purchased a new position in VanEck Intermediate Muni ETF during the third quarter worth approximately $165,000.

VanEck Intermediate Muni ETF Trading Down 0.3%

Shares of ITM opened at $45.64 on Tuesday. The company’s fifty day moving average is $44.91 and its two-hundred day moving average is $46.35. VanEck Intermediate Muni ETF has a fifty-two week low of $43.58 and a fifty-two week high of $48.02.

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.