Citadel Advisors LLC Has $732,000 Position in VanEck Intermediate Muni ETF $ITM

Citadel Advisors LLC lessened its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 86.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,585 shares of the company’s stock after selling 100,823 shares during the quarter. Citadel Advisors LLC’s holdings in VanEck Intermediate Muni ETF were worth $732,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. UMB Bank n.a. bought a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter worth about $48,294,000. Ameriprise Financial Inc. raised its position in VanEck Intermediate Muni ETF by 217.3% in the second quarter. Ameriprise Financial Inc. now owns 877,749 shares of the company’s stock worth $39,908,000 after purchasing an additional 601,111 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in VanEck Intermediate Muni ETF by 10.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,239,352 shares of the company’s stock worth $199,928,000 after purchasing an additional 394,734 shares during the period. TIAA Trust National Association lifted its stake in VanEck Intermediate Muni ETF by 70.9% during the fourth quarter. TIAA Trust National Association now owns 862,097 shares of the company’s stock worth $40,656,000 after purchasing an additional 357,608 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in VanEck Intermediate Muni ETF by 21.1% during the fourth quarter. Wells Fargo & Company MN now owns 959,915 shares of the company’s stock valued at $45,270,000 after purchasing an additional 167,376 shares in the last quarter.

VanEck Intermediate Muni ETF Price Performance

Shares of ITM opened at $44.96 on Friday. VanEck Intermediate Muni ETF has a 1 year low of $44.77 and a 1 year high of $48.02. The stock has a 50 day simple moving average of $46.01 and a 200-day simple moving average of $46.57.

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.