Quantinno Capital Management LP Boosts Holdings in VanEck Intermediate Muni ETF $ITM

Quantinno Capital Management LP boosted its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 136.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,170 shares of the company’s stock after acquiring an additional 11,651 shares during the period. Quantinno Capital Management LP’s holdings in VanEck Intermediate Muni ETF were worth $936,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. M&T Bank Corp acquired a new stake in shares of VanEck Intermediate Muni ETF in the fourth quarter valued at approximately $112,631,000. UMB Bank n.a. acquired a new position in shares of VanEck Intermediate Muni ETF during the 4th quarter worth approximately $48,294,000. Ameriprise Financial Inc. raised its position in shares of VanEck Intermediate Muni ETF by 217.3% during the 2nd 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 during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in VanEck Intermediate Muni ETF by 10.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,239,352 shares of the company’s stock valued at $199,928,000 after buying an additional 394,734 shares in the last quarter. Finally, TIAA Trust National Association lifted its stake in VanEck Intermediate Muni ETF by 70.9% in the 4th quarter. TIAA Trust National Association now owns 862,097 shares of the company’s stock valued at $40,656,000 after buying an additional 357,608 shares in the last quarter.

VanEck Intermediate Muni ETF Stock Performance

Shares of BATS:ITM opened at $46.18 on Monday. The business’s fifty day moving average price is $46.53 and its two-hundred day moving average price is $46.84. VanEck Intermediate Muni ETF has a one year low of $45.45 and a one year high of $48.02.

VanEck Intermediate Muni ETF Company 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.