VanEck Intermediate Muni ETF
ITM
150 hedge funds and large institutions have $1.21B invested in VanEck Intermediate Muni ETF in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 30 reducing their positions, and 9 closing their positions.
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
83% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 30
17% more funds holding
Funds holding: 128 → 150 (+22)
6% more capital invested
Capital invested by funds: $1.14B → $1.21B (+$70.3M)
1.15% more ownership
Funds ownership: 32.96% → 34.11% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$18.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$15.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.24M |
| 4 |
Morgan Stanley
New York
|
+$2.15M |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.63M |
| 2 |
Jane Street
New York
|
-$2.43M |
| 3 |
G
GenTrust
Miami,
Florida
|
-$2.04M |
| 4 |
CPO
Cerity Partners OCIO
New York
|
-$1.52M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.25M |
ITM Hedge Fund Activity: Q4 2017 in Review
150 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in VanEck Intermediate Muni ETF (ITM) for Q4 2017, worth a combined $1.21B — up 6.2% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ITM positions and 9 closed out — a net gain of 23 holders — while 55 added to existing stakes and 30 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $18.4M. The largest seller was Transamerica Financial Advisors, cutting an estimated $2.63M.
- 150 institutional investors held VanEck Intermediate Muni ETF (ITM) as of Q4 2017, up from 128 in Q3 2017.
- Funds reported $1.21B of VanEck Intermediate Muni ETF stock for Q4 2017, up 6.2% quarter-over-quarter.
- 32 funds opened new VanEck Intermediate Muni ETF positions in Q4 2017 and 9 closed out, a net change of +23 holders.
- The largest VanEck Intermediate Muni ETF buyer in Q4 2017 was Royal Bank of Canada, an estimated $18.4M added.
- The largest VanEck Intermediate Muni ETF seller in Q4 2017 was Transamerica Financial Advisors, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2017.