VanEck Intermediate Muni ETF $ITM Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 136.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,170 shares of the company’s stock after buying an additional 11,651 shares during the period. Quantinno Capital Management LP’s holdings in VanEck Intermediate Muni ETF were worth $936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ITM. Petra Financial Advisors Inc. increased its holdings in VanEck Intermediate Muni ETF by 5.8% in the first quarter. Petra Financial Advisors Inc. now owns 14,987 shares of the company’s stock valued at $696,000 after buying an additional 819 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of VanEck Intermediate Muni ETF by 13.9% in the 1st quarter. First Trust Advisors LP now owns 12,121 shares of the company’s stock worth $563,000 after acquiring an additional 1,475 shares during the period. Independent Financial Group LLC acquired a new stake in shares of VanEck Intermediate Muni ETF in the 1st quarter worth approximately $486,000. Bank of New York Mellon Corp purchased a new position in VanEck Intermediate Muni ETF in the 1st quarter valued at approximately $1,571,000. Finally, Advisors Preferred LLC purchased a new position in VanEck Intermediate Muni ETF in the 1st quarter valued at approximately $5,026,000.

VanEck Intermediate Muni ETF Price Performance

Shares of ITM stock opened at $46.18 on Monday. The stock has a fifty day moving average price of $46.53 and a 200 day moving average price of $46.84. VanEck Intermediate Muni ETF has a 1 year low of $45.45 and a 1 year 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.