Choreo LLC Grows Position in VanEck Intermediate Muni ETF $ITM

Choreo LLC grew its position in VanEck Intermediate Muni ETF (BATS:ITM) by 136.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,564 shares of the company’s stock after purchasing an additional 22,225 shares during the period. Choreo LLC’s holdings in VanEck Intermediate Muni ETF were worth $1,754,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mattson Financial Services LLC purchased a new position in VanEck Intermediate Muni ETF in the first quarter valued at approximately $32,000. Keystone Global Partners LLC purchased a new stake in VanEck Intermediate Muni ETF during the first quarter worth approximately $47,000. AlphaCore Capital LLC acquired a new stake in shares of VanEck Intermediate Muni ETF in the first quarter worth $48,000. Ameritas Advisory Services LLC purchased a new position in shares of VanEck Intermediate Muni ETF in the 2nd quarter valued at $54,000. Finally, YANKCOM Partnership purchased a new position in shares of VanEck Intermediate Muni ETF in the 2nd quarter valued at $58,000.

VanEck Intermediate Muni ETF Stock Performance

BATS:ITM opened at $47.05 on Friday. The firm’s fifty day simple moving average is $46.90 and its 200 day simple moving average is $45.98. VanEck Intermediate Muni ETF has a twelve month low of $43.42 and a twelve month high of $47.01.

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.