Short Interest in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Increases By 59.9%

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 80,639 shares, a growth of 59.9% from the May 14th total of 50,429 shares. Based on an average daily volume of 186,088 shares, the short-interest ratio is presently 0.4 days. Currently, 1.3% of the company’s stock are sold short.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Up 0.0%

Shares of BATS VTEI opened at $100.69 on Tuesday. The firm’s 50-day moving average price is $100.51 and its 200-day moving average price is $100.93. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1-year low of $97.87 and a 1-year high of $102.66.

Hedge Funds Weigh In On Vanguard Intermediate-Term Tax-Exempt Bond ETF

Several institutional investors have recently made changes to their positions in VTEI. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter valued at about $57,973,000. TIAA Trust National Association acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter valued at about $27,929,000. Unison Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% during the first quarter. Unison Advisors LLC now owns 2,367,952 shares of the company’s stock valued at $236,653,000 after purchasing an additional 172,174 shares during the period. Raymond James Financial Inc. increased its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 3,058.6% during the third quarter. Raymond James Financial Inc. now owns 92,420 shares of the company’s stock worth $9,273,000 after acquiring an additional 89,494 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.8% during the first 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 in the last quarter.

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.