52,191 Shares in VanEck Intermediate Muni ETF (BATS:ITM) Bought by Sykon Capital LLC

Sykon Capital LLC bought a new position in shares of VanEck Intermediate Muni ETF (BATS:ITM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 52,191 shares of the company’s stock, valued at approximately $2,455,000. Sykon Capital LLC owned approximately 0.13% of VanEck Intermediate Muni ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. purchased a new stake in shares of VanEck Intermediate Muni ETF during the 4th quarter valued at $35,000. First Horizon Advisors Inc. bought a new position in VanEck Intermediate Muni ETF in the fourth quarter valued at $52,000. Carmel Capital Partners LLC purchased a new stake in VanEck Intermediate Muni ETF during the third quarter valued at about $62,000. Regent Peak Wealth Advisors LLC bought a new stake in VanEck Intermediate Muni ETF during the fourth quarter worth about $203,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of VanEck Intermediate Muni ETF in the 3rd quarter worth about $213,000.

VanEck Intermediate Muni ETF Trading Up 0.3 %

Shares of VanEck Intermediate Muni ETF stock traded up $0.14 during trading on Friday, hitting $46.00. 175,586 shares of the stock traded hands. The business has a 50 day simple moving average of $46.29 and a two-hundred day simple moving average of $46.01.

VanEck Intermediate Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.111 per share. This is a boost from VanEck Intermediate Muni ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, April 1st.

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.