Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Shares Newly Acquired by Verus Financial Partners Inc.

Verus Financial Partners Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 48,213 shares of the company’s stock, valued at approximately $4,597,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up approximately 0.4% of Verus Financial Partners Inc.’s portfolio, making the stock its 25th largest position. Verus Financial Partners Inc. owned 0.80% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ferguson Wellman Capital Management Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the first quarter valued at approximately $57,973,000. Unison Advisors LLC increased 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 purchasing an additional 172,174 shares during the last quarter. Wedmont Private Capital acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth approximately $9,737,000. BTG Pactual Asset Management US LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter worth approximately $10,063,000. Finally, JNBA Financial Advisors acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter worth approximately $9,317,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of BATS:VTEI opened at $98.44 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a twelve month low of $94.39 and a twelve month high of $102.66. The firm has a 50 day simple moving average of $97.03 and a 200-day simple moving average of $99.77.

Vanguard Intermediate-Term Tax-Exempt Bond ETF 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.