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VanEck Intermediate Muni ETF

104 hedge funds and large institutions have $890M invested in VanEck Intermediate Muni ETF in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 25

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

5% more funds holding

Funds holding: 99104 (+5)

5% more capital invested

Capital invested by funds: $850M → $890M (+$39.3M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.38% less ownership

Funds ownership: 29.9%29.52% (-0.38%)

Holders
104
Holders Change
+5
Holders Change %
+5.05%
% of All Funds
2.77%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
23
Increased
38
Reduced
25
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FMWA
26
Forvis Mazars Wealth Advisors
Missouri
$1.46M
IWMPD
27
Integrated Wealth Management (Palm Desert)
California
$1.38M
SFG
28
StrategIQ Financial Group
Indiana
$1.37M +$161K +3,292 +14%
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$1.29M +$367K +7,491 +40%
EWM
30
Empirical Wealth Management
Washington
$1.14M
NCMW
31
Northern Capital Management (Wisconsin)
Wisconsin
$1.13M
CL
32
CPWM LLC
Washington
$1.12M +$691K +14,100 +166%
First Trust Advisors
33
First Trust Advisors
Illinois
$1.07M -$82.9K -1,692 -7%
SCA
34
Snowden Capital Advisors
New York
$1.06M +$642K +13,100 +159%
DWM
35
Darwin Wealth Management
Florida
$1.02M +$1.01M +20,612 New
AG
36
Advisor Group
Arizona
$974K +$962K +19,635 New
FPFS
37
First Personal Financial Services
North Carolina
$953K +$9.99K +204 +1%
AB
38
AT Bancorp
Iowa
$900K +$132K +2,702 +18%
AI
39
Atria Investments
North Carolina
$857K +$459K +9,374 +119%
AA
40
Alesco Advisors
New York
$847K +$835K +17,050 New
JIC
41
Johnson Investment Counsel
Ohio
$839K
DC
42
Davenport & Co
Virginia
$837K
AWM
43
Altavista Wealth Management
North Carolina
$829K +$32.5K +663 +4%
MFS
44
MSI Financial Services
Massachusetts
$823K -$177K -3,607 -18%
MFS
45
McNamara Financial Services
Massachusetts
$816K +$74.9K +1,530 +10%
LBC
46
Lawrence B. Cohen
$804K +$793K +16,185 New
FFA
47
Fragasso Financial Advisors
Pennsylvania
$797K -$18.8K -384 -2%
NFG
48
Nations Financial Group
Iowa
$739K +$115K +2,350 +19%
RCAG
49
Rehmann Capital Advisory Group
Michigan
$726K +$716K +14,623 New
VKH
50
Virtu KCG Holdings
New York
$701K -$3.72M -76,058 -84%

ITM Hedge Fund Activity: Q2 2016 in Review

104 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2016, worth a combined $890M — up 4.6% from $850M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new ITM positions and 16 closed out — a net gain of 7 holders — while 38 added to existing stakes and 25 trimmed.

The largest buyer was Bank of America, adding an estimated $32.8M. The largest seller was LPL Financial, cutting an estimated $35.2M.

  • 104 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2016, up from 99 in Q1 2016.
  • Funds reported $890M of VanEck Intermediate Muni ETF stock for Q2 2016, up 4.6% quarter-over-quarter.
  • 23 funds opened new VanEck Intermediate Muni ETF positions in Q2 2016 and 16 closed out, a net change of +7 holders.
  • The largest VanEck Intermediate Muni ETF buyer in Q2 2016 was Bank of America, an estimated $32.8M added.
  • The largest VanEck Intermediate Muni ETF seller in Q2 2016 was LPL Financial, an estimated $35.2M sold.

Based on aggregated 13F filings for Q2 2016.