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VanEck Intermediate Muni ETF

80 hedge funds and large institutions have $631M 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, 30 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

3% more funds holding

Funds holding: 7880 (+2)

4% more capital invested

Capital invested by funds: $609M → $631M (+$21.5M)

0.44% more ownership

Funds ownership: 28.99%29.43% (+0.44%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 30

Holders
80
Holders Change
+2
Holders Change %
+2.56%
% of All Funds
2.16%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
27
Reduced
30
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MAA
1
Managed Account Advisors
New Jersey
$237M +$61.5M +1,315,321 +35%
Bank of America
2
Bank of America
North Carolina
$225M -$727K -15,537 -0.3%
Morgan Stanley
3
Morgan Stanley
New York
$29.6M +$3.37M +71,944 +13%
RJA
4
Raymond James & Associates
Florida
$15.7M +$2.39M +51,038 +18%
Natixis Advisors
5
Natixis Advisors
Massachusetts
$15.1M -$529K -11,308 -3%
UBS Group
6
UBS Group
Switzerland
$14.5M -$1.76M -37,535 -11%
Wells Fargo
7
Wells Fargo
California
$14.2M -$1.21M -25,933 -8%
LPL Financial
8
LPL Financial
California
$8.89M +$51.8K +1,108 +0.6%
CSIA
9
Charles Schwab Investment Advisory
California
$7.04M +$7.1M +151,813 New
Stifel Financial
10
Stifel Financial
Missouri
$4.8M +$256K +5,467 +6%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$4.75M -$1.37M -29,355 -22%
Ameriprise
12
Ameriprise
Minnesota
$4.55M +$846K +18,088 +23%
BWM
13
Bernicke Wealth Management
Wisconsin
$4.34M +$634K +13,562 +17%
Comerica Bank
14
Comerica Bank
Texas
$4.3M +$1.92M +41,091 +80%
VC
15
Vicus Capital
Pennsylvania
$2.55M +$598K +12,775 +30%
BWM
16
Braver Wealth Management
Massachusetts
$2.53M +$2.55M +54,444 New
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$2.15M -$205K -4,380 -9%
BKBG
18
BHF Kleinwort Benson Group
Belgium
$2.04M +$453K +9,680 +28%
SWP
19
Stratos Wealth Partners
Ohio
$1.58M +$584K +12,488 +58%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$1.45M +$365K +7,810 +33%
FMWA
21
Forvis Mazars Wealth Advisors
Missouri
$1.42M -$1.08K -23 -0.1%
CS
22
Credit Suisse
Switzerland
$1.4M -$56.6K -1,210 -4%
EWM
23
Empirical Wealth Management
Washington
$1.38M -$18.5K -396 -1%
BTS
24
BB&T Securities
Virginia
$1.33M -$2.32M -49,690 -63%
RCAG
25
Rehmann Capital Advisory Group
Michigan
$1.32M +$293K +6,255 +28%

ITM Hedge Fund Activity: Q2 2015 in Review

80 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q2 2015, worth a combined $631M — up 3.5% from $609M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ITM positions and 7 closed out — a net gain of 4 holders — while 27 added to existing stakes and 30 trimmed.

The largest buyer was Managed Account Advisors, adding an estimated $61.5M. The largest seller was Janney Capital Management, exiting entirely with an estimated $5.4M sold.

  • 80 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q2 2015, up from 78 in Q1 2015.
  • Funds reported $631M of VanEck Intermediate Muni ETF stock for Q2 2015, up 3.5% quarter-over-quarter.
  • 11 funds opened new VanEck Intermediate Muni ETF positions in Q2 2015 and 7 closed out, a net change of +4 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 Janney Capital Management, an estimated $5.4M sold.

Based on aggregated 13F filings for Q2 2015.