Willis Johnson & Associates Inc. Has $20.58 Million Stock Holdings in VanEck Intermediate Muni ETF (BATS:ITM)

Willis Johnson & Associates Inc. increased its holdings in shares of VanEck Intermediate Muni ETF (BATS:ITM) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 442,471 shares of the company’s stock after acquiring an additional 29,903 shares during the period. VanEck Intermediate Muni ETF comprises about 1.8% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 12th biggest position. Willis Johnson & Associates Inc.’s holdings in VanEck Intermediate Muni ETF were worth $20,579,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ITM. Pacific Capital Wealth Advisors Inc. bought a new position in shares of VanEck Intermediate Muni ETF during the fourth quarter valued at $29,000. Blue Trust Inc. acquired a new stake in shares of VanEck Intermediate Muni ETF during the 4th quarter worth about $35,000. First Horizon Advisors Inc. bought a new position in VanEck Intermediate Muni ETF during the 4th quarter valued at about $52,000. Regent Peak Wealth Advisors LLC acquired a new position in VanEck Intermediate Muni ETF in the fourth quarter valued at about $203,000. Finally, Global Retirement Partners LLC grew its stake in VanEck Intermediate Muni ETF by 101.4% during the fourth quarter. Global Retirement Partners LLC now owns 5,144 shares of the company’s stock worth $240,000 after buying an additional 2,590 shares during the last quarter.

VanEck Intermediate Muni ETF Trading Up 0.3 %

Shares of BATS:ITM traded up $0.13 during trading on Thursday, reaching $45.96. The stock had a trading volume of 71,820 shares. The firm has a 50 day simple moving average of $45.85 and a 200-day simple moving average of $46.29.

VanEck Intermediate Muni ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.1023 dividend. The ex-dividend date of this dividend is Monday, July 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.