102,209 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Purchased by Wedmont Private Capital

Wedmont Private Capital acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 102,209 shares of the company’s stock, valued at approximately $9,737,000. Wedmont Private Capital owned about 1.69% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Unison Advisors LLC lifted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% in the first quarter. Unison Advisors LLC now owns 2,367,952 shares of the company’s stock valued at $236,653,000 after buying an additional 172,174 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter worth about $57,973,000. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 10.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 383,067 shares of the company’s stock worth $38,678,000 after acquiring an additional 37,076 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.8% in the 1st quarter. Bank of America Corp DE now owns 205,701 shares of the company’s stock worth $20,558,000 after acquiring an additional 71,932 shares during the period. Finally, Cetera Investment Advisers lifted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 5.8% in the 1st quarter. Cetera Investment Advisers now owns 198,090 shares of the company’s stock valued at $19,797,000 after purchasing an additional 10,925 shares during the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Up 0.4%

Vanguard Intermediate-Term Tax-Exempt Bond ETF stock traded up $0.35 during midday trading on Friday, reaching $95.62. 246,008 shares of the stock traded hands, compared to its average volume of 144,801. The firm has a fifty day moving average price of $97.73 and a two-hundred day moving average price of $99.45. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $94.39 and a fifty-two week high of $102.66.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

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.