Park Place Capital Corp Makes New $68,000 Investment in VanEck Intermediate Muni ETF (BATS:ITM)

Park Place Capital Corp purchased a new stake in VanEck Intermediate Muni ETF (BATS:ITM) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,477 shares of the company’s stock, valued at approximately $68,000.

Several other hedge funds and other institutional investors have also modified their holdings of ITM. CX Institutional boosted its stake in VanEck Intermediate Muni ETF by 2.1% during the 3rd quarter. CX Institutional now owns 680,228 shares of the company’s stock valued at $31,937,000 after purchasing an additional 14,043 shares during the period. HighTower Advisors LLC boosted its stake in VanEck Intermediate Muni ETF by 1.8% during the 3rd quarter. HighTower Advisors LLC now owns 64,133 shares of the company’s stock valued at $3,010,000 after purchasing an additional 1,150 shares during the period. Cetera Investment Advisers boosted its stake in VanEck Intermediate Muni ETF by 20.9% during the 2nd quarter. Cetera Investment Advisers now owns 169,545 shares of the company’s stock valued at $7,772,000 after purchasing an additional 29,309 shares during the period. Creative Planning boosted its stake in VanEck Intermediate Muni ETF by 28.3% during the 2nd quarter. Creative Planning now owns 18,501 shares of the company’s stock valued at $848,000 after purchasing an additional 4,079 shares during the period. Finally, Financial Counselors Inc. boosted its stake in VanEck Intermediate Muni ETF by 0.7% during the 3rd quarter. Financial Counselors Inc. now owns 37,750 shares of the company’s stock valued at $1,772,000 after purchasing an additional 253 shares during the period.

VanEck Intermediate Muni ETF Stock Performance

ITM stock opened at $45.83 on Thursday. The stock’s 50 day moving average is $46.19 and its 200-day moving average is $46.35.

VanEck Intermediate Muni ETF Company Profile

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.