VanEck Intermediate Muni ETF
81 hedge funds and large institutions have $636M invested in VanEck Intermediate Muni ETF in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 6 closing their positions.
703% more capital inflows, than outflows
Capital inflows: $87.5M | Capital outflows: $10.9M
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
4% more funds holding
Funds holding: 78 → 81 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Managed Account Advisors
Jersey City,
New Jersey
|
+$61.5M |
| 2 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$7.1M |
| 3 |
Morgan Stanley
New York
|
+$3.37M |
| 4 |
Braver Wealth Management
Needham,
Massachusetts
|
+$2.55M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BB&T Securities
Richmond,
Virginia
|
-$2.32M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.76M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.37M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$727K |
ITM Hedge Fund Activity: Q2 2015 in Review
81 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2015, worth a combined $636M — up 10% from $577M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ITM positions and 6 closed out — a net gain of 5 holders — while 27 added to existing stakes and 31 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $61.5M. The largest seller was BB&T Securities, cutting an estimated $2.32M.
- 81 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2015, up from 78 in Q1 2015.
- Funds reported $636M of VanEck Intermediate Muni ETF stock for Q2 2015, up 10% quarter-over-quarter.
- 11 funds opened new VanEck Intermediate Muni ETF positions in Q2 2015 and 6 closed out, a net change of +5 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q2 2015 was Managed Account Advisors, an estimated $61.5M added.
- The largest VanEck Intermediate Muni ETF seller in Q2 2015 was BB&T Securities, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2015.