Altavista Wealth Management Inc. reduced its position in VanEck Vectors Intermediate Municipal ETF (NYSEARCA:ITM) by 1.1% in the first quarter, Holdings Channel reports. The institutional investor owned 47,288 shares of the company’s stock after selling 513 shares during the period. Altavista Wealth Management Inc.’s holdings in VanEck Vectors Intermediate Municipal ETF were worth $2,308,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ITM. Comerica Securities Inc. acquired a new position in VanEck Vectors Intermediate Municipal ETF during the 4th quarter valued at about $270,000. Parallel Advisors LLC increased its position in VanEck Vectors Intermediate Municipal ETF by 447.5% during the 4th quarter. Parallel Advisors LLC now owns 657 shares of the company’s stock valued at $31,000 after buying an additional 537 shares in the last quarter. JNBA Financial Advisors acquired a new position in VanEck Vectors Intermediate Municipal ETF during the 4th quarter valued at about $1,273,000. Private Wealth Group LLC acquired a new position in VanEck Vectors Intermediate Municipal ETF during the 4th quarter valued at about $4,155,000. Finally, Wilbanks Smith & Thomas Asset Management LLC increased its position in VanEck Vectors Intermediate Municipal ETF by 174.9% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 158,862 shares of the company’s stock valued at $7,541,000 after buying an additional 101,072 shares in the last quarter.

VanEck Vectors Intermediate Municipal ETF stock opened at $49.69 on Thursday. VanEck Vectors Intermediate Municipal ETF has a fifty-two week low of $45.86 and a fifty-two week high of $49.76.

The company also recently declared a monthly dividend, which was paid on Monday, June 10th. Shareholders of record on Tuesday, June 4th were paid a dividend of $0.0931 per share. This represents a $1.12 annualized dividend and a yield of 2.25%. The ex-dividend date was Monday, June 3rd. This is an increase from VanEck Vectors Intermediate Municipal ETF’s previous monthly dividend of $0.09.

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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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