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VanEck Intermediate Muni ETF

122 hedge funds and large institutions have $1.02B invested in VanEck Intermediate Muni ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

12% more capital invested

Capital invested by funds: $910M → $1.02B (+$105M)

2.06% more ownership

Funds ownership: 30.54%32.6% (+2.1%)

7% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 45

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 125122 (-3)

Holders
122
Holders Change
-3
Holders Change %
-2.4%
% of All Funds
3.04%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
13
Increased
42
Reduced
45
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HT
101
Heritage Trust
Oklahoma
$102K +$101K +2,169 New
AIM
102
Advantage Investment Management
Iowa
$76K +$1.68K +36 +2%
IWM
103
IHT Wealth Management
Illinois
$73K -$32.5K -697 -36%
DADC
104
D.A. Davidson & Co
Montana
$72K -$158K -3,376 -69%
JP Morgan Chase
105
JP Morgan Chase
New York
$67K -$16.4K -351 -20%
CFA
106
Carroll Financial Associates
North Carolina
$63K
WIM
107
Westside Investment Management
California
$53.1K +$52.8K +1,131 New
FMII
108
Farmers & Merchants Investments Inc
Nebraska
$53K
NFG
109
Next Financial Group
Texas
$51K -$176K -3,764 -78%
AWM
110
AllSquare Wealth Management
New York
$43K
JIR
111
James Investment Research
Ohio
$38K -$255K -5,467 -87%
CAG
112
Crestwood Advisors Group
Massachusetts
$38K +$37.1K +794 New
BC
113
Bartlett & Co
Ohio
$36K
Carson Wealth (CWM LLC)
114
Carson Wealth (CWM LLC)
Nebraska
$23K +$22.7K +487 New
PNC Financial Services Group
115
PNC Financial Services Group
Pennsylvania
$14K
PO
116
Private Ocean
California
$7K
ACS
117
Archford Capital Strategies
Illinois
$6K
PFGIA
118
Patriot Financial Group Insurance Agency
Massachusetts
$5K -$53.6K -1,149 -91%
TFA
119
Transamerica Financial Advisors
Florida
$3K -$1.4K -30 -38%
PA
120
Parallel Advisors
California
$3K
EWM
121
Endurance Wealth Management
Rhode Island
$2K +$2.01K +43 New
KL
122
KWMG LLC
Kansas
-$1.05M -22,575 Closed
CIM
123
Confluence Investment Management
Missouri
-$744K -16,049 Closed
AI
124
Atria Investments
North Carolina
-$332K -7,163 Closed
MC
125
Moors & Cabot
Massachusetts
-$281K -6,053 Closed

ITM Hedge Fund Activity: Q1 2017 in Review

122 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q1 2017, worth a combined $1.02B — up 12% from $910M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of ITM and 13 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 42 added.

The largest buyer was Bank of America, adding an estimated $110M. The largest seller was Raymond James & Associates, cutting an estimated $32.7M.

  • 122 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q1 2017, down from 125 in Q4 2016.
  • Funds reported $1.02B of VanEck Intermediate Muni ETF stock for Q1 2017, up 12% quarter-over-quarter.
  • 13 funds opened new VanEck Intermediate Muni ETF positions in Q1 2017 and 14 closed out, a net change of -1 holder.
  • The largest VanEck Intermediate Muni ETF buyer in Q1 2017 was Bank of America, an estimated $110M added.
  • The largest VanEck Intermediate Muni ETF seller in Q1 2017 was Raymond James & Associates, an estimated $32.7M sold.

Based on aggregated 13F filings for Q1 2017.