VanEck Intermediate Muni ETF
105 hedge funds and large institutions have $1.01B invested in VanEck Intermediate Muni ETF in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 55 increasing their positions, 19 reducing their positions, and 6 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 19
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $890M → $1.01B (+$115M)
1.43% more ownership
Funds ownership: 29.52% → 30.95% (+1.4%)
1% more funds holding
Funds holding: 104 → 105 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$88.2M |
| 2 |
CAM
Caprin Asset Management
Henrico,
Virginia
|
+$14.7M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.29M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.05M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.29M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$987K |
| 3 |
LBC
Lawrence B. Cohen
|
-$804K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$497K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIC
101
Woodmont Investment Counsel
Nashville,
Tennessee
| $12K | +$12.4K | +250 | New |
|
|
JWA
102
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $9K | – | – | – |
|
|
TFA
103
Transamerica Financial Advisors
St. Petersburg,
Florida
| $6K | -$445 | -9 | -8% |
|
|
ACS
104
Archford Capital Strategies
Swansea,
Illinois
| $6K | – | – | – |
|
|
NR
105
Newfound Research
Wellesley Hills,
Massachusetts
| $5K | -$1.28K | -26 | -19% |
|
|
LBC
106
Lawrence B. Cohen
| – | -$804K | -16,185 | Closed |
|
|
WI
107
Wintrust Investments
Chicago,
Illinois
| – | -$78K | -11,050 | Closed |
|
|
UCFA
108
United Capital Financial Advisors
Irving,
Texas
| – | -$497K | -9,936 | Closed |
|
109
CIBC World Market
Toronto,
Ontario, Canada
| – | -$308K | -6,209 | Closed |
|
|
CHC
110
City Holding Co
Charleston,
West Virginia
| – | -$52K | -1,053 | Closed |
|
|
GWS
111
Glassman Wealth Services
Vienna,
Virginia
| – | -$5K | -107 | Closed |
|
ITM Hedge Fund Activity: Q3 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q3 2016, worth a combined $1.01B — up 13% from $890M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ITM positions and 6 closed out — a net gain of 2 holders — while 55 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $88.2M. The largest seller was Morgan Stanley, cutting an estimated $1.29M.
- 105 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q3 2016, up from 104 in Q2 2016.
- Funds reported $1.01B of VanEck Intermediate Muni ETF stock for Q3 2016, up 13% quarter-over-quarter.
- 8 funds opened new VanEck Intermediate Muni ETF positions in Q3 2016 and 6 closed out, a net change of +2 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q3 2016 was Bank of America, an estimated $88.2M added.
- The largest VanEck Intermediate Muni ETF seller in Q3 2016 was Morgan Stanley, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2016.