Renaissance Technologies LLC Sells 178,900 Shares of VanEck Intermediate Muni ETF (BATS:ITM)

Renaissance Technologies LLC trimmed its position in VanEck Intermediate Muni ETF (BATS:ITM) by 49.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,700 shares of the company’s stock after selling 178,900 shares during the period. Renaissance Technologies LLC’s holdings in VanEck Intermediate Muni ETF were worth $8,237,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC bought a new stake in VanEck Intermediate Muni ETF in the first quarter valued at approximately $54,421,000. Advisors Preferred LLC bought a new stake in shares of VanEck Intermediate Muni ETF in the 1st quarter valued at $10,313,000. Stifel Financial Corp raised its stake in VanEck Intermediate Muni ETF by 97.9% during the 4th quarter. Stifel Financial Corp now owns 333,607 shares of the company’s stock worth $15,690,000 after buying an additional 165,058 shares during the period. Envestnet Asset Management Inc. lifted its holdings in VanEck Intermediate Muni ETF by 18.9% during the second quarter. Envestnet Asset Management Inc. now owns 988,662 shares of the company’s stock worth $45,320,000 after acquiring an additional 157,446 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new position in VanEck Intermediate Muni ETF in the fourth quarter valued at about $4,993,000.

VanEck Intermediate Muni ETF Trading Up 0.0 %

BATS ITM opened at $46.88 on Wednesday. The stock’s 50 day simple moving average is $46.51 and its 200-day simple moving average is $46.19.

VanEck Intermediate Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.105 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from VanEck Intermediate Muni ETF’s previous dividend of $0.10.

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.