Rehmann Capital Advisory Group Raises Holdings in VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM)

Rehmann Capital Advisory Group grew its position in shares of VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) by 15.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 36,750 shares of the company’s stock after buying an additional 4,963 shares during the quarter. Rehmann Capital Advisory Group’s holdings in VanEck Vectors Intermediate Municipal ETF were worth $1,828,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Atria Investments LLC purchased a new position in shares of VanEck Vectors Intermediate Municipal ETF during the second quarter worth about $320,000. AJ Wealth Strategies LLC grew its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 11.3% during the second quarter. AJ Wealth Strategies LLC now owns 243,572 shares of the company’s stock worth $12,118,000 after buying an additional 24,663 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 4.4% during the second quarter. Kovitz Investment Group Partners LLC now owns 35,724 shares of the company’s stock worth $1,777,000 after buying an additional 1,500 shares during the last quarter. LGL Partners LLC grew its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 14.0% during the second quarter. LGL Partners LLC now owns 65,580 shares of the company’s stock worth $3,263,000 after buying an additional 8,039 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of VanEck Vectors Intermediate Municipal ETF by 4.6% during the second quarter. Royal Bank of Canada now owns 165,954 shares of the company’s stock worth $8,256,000 after buying an additional 7,224 shares during the last quarter.

Shares of NYSEARCA ITM traded down $0.03 during midday trading on Tuesday, reaching $50.28. 42,262 shares of the company were exchanged, compared to its average volume of 162,911. VanEck Vectors Intermediate Municipal ETF has a 1 year low of $45.86 and a 1 year high of $51.11. The stock has a fifty day simple moving average of $50.66 and a 200 day simple moving average of $49.69.

The business also recently declared a — dividend, which was paid on Monday, September 9th. Investors of record on Wednesday, September 4th were issued a dividend of $0.0914 per share. This represents a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 3rd.

VanEck Vectors Intermediate Municipal ETF Profile

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.

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Want to see what other hedge funds are holding ITM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM).

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

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