Capital Analysts LLC Boosts Stake in VanEck Vectors Intermediate Municipal ETF (ITM)

Capital Analysts LLC lifted its position in VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) by 9.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,752 shares of the company’s stock after purchasing an additional 6,770 shares during the quarter. Capital Analysts LLC owned 0.22% of VanEck Vectors Intermediate Municipal ETF worth $1,766,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ITM. Cornerstone Wealth Management LLC boosted its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 2,548.0% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 714,449 shares of the company’s stock worth $30,415,000 after purchasing an additional 687,468 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new position in shares of VanEck Vectors Intermediate Municipal ETF in the 2nd quarter worth about $3,069,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 13.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 976,089 shares of the company’s stock worth $23,002,000 after purchasing an additional 117,647 shares in the last quarter. Sheets Smith Wealth Management purchased a new position in shares of VanEck Vectors Intermediate Municipal ETF in the 3rd quarter worth about $1,753,000. Finally, Caprin Asset Management LLC ADV boosted its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 3.2% in the 3rd quarter. Caprin Asset Management LLC ADV now owns 1,869,845 shares of the company’s stock worth $43,586,000 after purchasing an additional 57,122 shares in the last quarter.

ITM opened at $46.34 on Wednesday. VanEck Vectors Intermediate Municipal ETF has a 12-month low of $45.86 and a 12-month high of $48.54.

The company also recently disclosed a special dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were issued a $0.0959 dividend. The ex-dividend date of this dividend was Thursday, November 1st.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2018/11/14/capital-analysts-llc-boosts-stake-in-vaneck-vectors-intermediate-municipal-etf-itm.html.

About VanEck Vectors Intermediate Municipal ETF

Market Vectors Intermediate Municipal Index ETF (the Fund) seeks to replicate the price and yield performance of the Barclays Capital AMT-Free Intermediate Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 6 to 16 years.

Further Reading: Trading Penny Stocks

Institutional Ownership by Quarter for VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM)

Receive News & Ratings for VanEck Vectors Intermediate Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors Intermediate Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply