Fulton Bank N.A. Acquires 17,726 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Fulton Bank N.A. lifted its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 85.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,398 shares of the company’s stock after acquiring an additional 17,726 shares during the quarter. Fulton Bank N.A.’s holdings in VanEck Intermediate Muni ETF were worth $1,770,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of ITM. Financial Counselors Inc. increased its position in shares of VanEck Intermediate Muni ETF by 0.7% during the 3rd quarter. Financial Counselors Inc. now owns 37,750 shares of the company’s stock valued at $1,772,000 after purchasing an additional 253 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in VanEck Intermediate Muni ETF by 4.1% during the third quarter. Kingsview Wealth Management LLC now owns 8,413 shares of the company’s stock worth $395,000 after buying an additional 335 shares during the last quarter. Sargent Investment Group LLC raised its position in VanEck Intermediate Muni ETF by 5.4% in the second quarter. Sargent Investment Group LLC now owns 6,780 shares of the company’s stock worth $311,000 after acquiring an additional 348 shares during the period. Farther Finance Advisors LLC raised its position in VanEck Intermediate Muni ETF by 194.1% in the third quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $42,000 after acquiring an additional 588 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in VanEck Intermediate Muni ETF in the third quarter valued at about $43,000.

VanEck Intermediate Muni ETF Stock Down 0.2 %

Shares of ITM stock opened at $45.95 on Thursday. The business’s 50-day moving average is $46.22 and its 200 day moving average is $46.36.

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.