Axxcess Wealth Management LLC Decreases Stake in VanEck Intermediate Muni ETF (BATS:ITM)

Axxcess Wealth Management LLC cut its holdings in VanEck Intermediate Muni ETF (BATS:ITM) by 22.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,286 shares of the company’s stock after selling 1,535 shares during the quarter. Axxcess Wealth Management LLC’s holdings in VanEck Intermediate Muni ETF were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Avidian Wealth Enterprises LLC boosted its stake in shares of VanEck Intermediate Muni ETF by 0.8% in the third quarter. Avidian Wealth Enterprises LLC now owns 454,583 shares of the company’s stock valued at $21,343,000 after buying an additional 3,647 shares in the last quarter. Farther Finance Advisors LLC boosted its position in VanEck Intermediate Muni ETF by 194.1% during the third quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $42,000 after purchasing an additional 588 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in VanEck Intermediate Muni ETF by 0.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 802,854 shares of the company’s stock worth $37,694,000 after purchasing an additional 3,817 shares in the last quarter. HTLF Bank boosted its position in VanEck Intermediate Muni ETF by 20.7% during the third quarter. HTLF Bank now owns 1,271,148 shares of the company’s stock worth $59,680,000 after purchasing an additional 218,233 shares in the last quarter. Finally, CX Institutional boosted its position in VanEck Intermediate Muni ETF by 2.1% during the third quarter. CX Institutional now owns 680,228 shares of the company’s stock worth $31,937,000 after purchasing an additional 14,043 shares in the last quarter.

VanEck Intermediate Muni ETF Trading Up 0.0 %

ITM opened at $46.07 on Friday. The business’s 50 day moving average price is $46.51 and its two-hundred day moving average price is $46.23.

VanEck Intermediate Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.105 per share. This is an increase from VanEck Intermediate Muni ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.