Verus Financial Partners Inc. Buys New Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Verus Financial Partners Inc. purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 29,016 shares of the company’s stock, valued at approximately $2,920,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF accounts for about 0.3% of Verus Financial Partners Inc.’s holdings, making the stock its 28th biggest holding. Verus Financial Partners Inc. owned 0.48% of Vanguard Intermediate-Term Tax-Exempt Bond ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter valued at approximately $29,000. Private Trust Co. NA bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter valued at $40,000. PNC Financial Services Group Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth $41,000. American National Bank & Trust lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 115.6% in the fourth quarter. American National Bank & Trust now owns 662 shares of the company’s stock valued at $67,000 after buying an additional 355 shares in the last quarter. Finally, WealthShield Partners LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at $67,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

BATS:VTEI opened at $100.94 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $97.87 and a one year high of $102.66. The firm has a 50-day moving average of $100.58 and a 200-day moving average of $100.93.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Company Profile

The Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below 20 years. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.