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

TSG Advice Partners LLC acquired a new position in VanEck Intermediate Muni ETF (BATS:ITM) during the third quarter, Holdings Channel.com reports. The firm acquired 16,110 shares of the company’s stock, valued at approximately $757,000.

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

VanEck Intermediate Muni ETF Price Performance

Shares of ITM opened at $45.64 on Tuesday. VanEck Intermediate Muni ETF has a one year low of $43.58 and a one year high of $48.02. The stock has a 50-day moving average price of $44.91 and a 200 day moving average price of $46.35.

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.