VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) Shares Acquired by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its holdings in VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) by 7.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,089 shares of the company’s stock after buying an additional 410 shares during the period. Parkside Financial Bank & Trust’s holdings in VanEck Vectors Intermediate Municipal ETF were worth $306,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE increased its position in VanEck Vectors Intermediate Municipal ETF by 2.5% during the second quarter. Bank of America Corp DE now owns 17,529,701 shares of the company’s stock worth $872,102,000 after purchasing an additional 433,467 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in VanEck Vectors Intermediate Municipal ETF during the third quarter worth about $3,710,000. Optimum Investment Advisors boosted its stake in VanEck Vectors Intermediate Municipal ETF by 58.0% during the third quarter. Optimum Investment Advisors now owns 115,811 shares of the company’s stock worth $5,826,000 after buying an additional 42,500 shares during the period. Susquehanna International Group LLP purchased a new position in VanEck Vectors Intermediate Municipal ETF during the second quarter worth about $2,039,000. Finally, UBS Asset Management Americas Inc. boosted its stake in VanEck Vectors Intermediate Municipal ETF by 58.4% during the second quarter. UBS Asset Management Americas Inc. now owns 101,211 shares of the company’s stock worth $5,035,000 after buying an additional 37,328 shares during the period.

ITM stock traded up $0.02 during mid-day trading on Monday, hitting $49.86. 6,126 shares of the company were exchanged, compared to its average volume of 158,387. The business has a fifty day simple moving average of $50.30 and a 200-day simple moving average of $50.02. VanEck Vectors Intermediate Municipal ETF has a 12-month low of $46.11 and a 12-month high of $51.11.

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

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