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B. Riley Wealth Advisors Inc. Makes New Investment in VanEck Intermediate Muni ETF (BATS:ITM)

Defense World ·  Mar 22, 2023 04:30

B. Riley Wealth Advisors Inc. purchased a new position in VanEck Intermediate Muni ETF (BATS:ITM – Get Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,047 shares of the company's stock, valued at approximately $351,000.

Separately, Elequin Capital LP acquired a new position in shares of VanEck Intermediate Muni ETF during the 3rd quarter worth about $261,000.

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VanEck Intermediate Muni ETF Trading Down 0.3 %

BATS:ITM opened at $45.85 on Wednesday. The company has a 50-day moving average price of $46.10.

VanEck Intermediate Muni ETF Company Profile

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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.

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