OneDigital Investment Advisors LLC Raises Stock Position in VanEck Intermediate Muni ETF $ITM

OneDigital Investment Advisors LLC increased its position in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 477,029 shares of the company’s stock after acquiring an additional 23,209 shares during the quarter. OneDigital Investment Advisors LLC owned about 1.16% of VanEck Intermediate Muni ETF worth $22,230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AE Wealth Management LLC grew its holdings in VanEck Intermediate Muni ETF by 126.3% in the third quarter. AE Wealth Management LLC now owns 1,075 shares of the company’s stock worth $50,000 after purchasing an additional 600 shares during the last quarter. YANKCOM Partnership purchased a new stake in shares of VanEck Intermediate Muni ETF during the 2nd quarter valued at $58,000. Founders Financial Alliance LLC acquired a new stake in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth $60,000. Premier Financial Group purchased a new position in VanEck Intermediate Muni ETF during the 3rd quarter worth $93,000. Finally, Qube Research & Technologies Ltd increased its position in VanEck Intermediate Muni ETF by 108.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,953 shares of the company’s stock valued at $134,000 after buying an additional 1,538 shares in the last quarter.

VanEck Intermediate Muni ETF Trading Up 0.1%

VanEck Intermediate Muni ETF stock opened at $47.85 on Friday. The stock has a 50-day moving average of $47.37 and a two-hundred day moving average of $46.84. VanEck Intermediate Muni ETF has a one year low of $43.42 and a one year high of $47.85.

VanEck Intermediate Muni ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.117 dividend. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, February 2nd.

VanEck Intermediate Muni ETF Company 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.