Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Stock Purchased by Paragon Capital Management Ltd

Paragon Capital Management Ltd grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 274.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,371 shares of the company’s stock after purchasing an additional 45,000 shares during the period. Vanguard Intermediate-Term Tax-Exempt Bond ETF accounts for about 1.1% of Paragon Capital Management Ltd’s investment portfolio, making the stock its 17th largest position. Paragon Capital Management Ltd’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $5,851,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VTEI. Sanctuary Advisors LLC raised its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 6.7% in the 1st quarter. Sanctuary Advisors LLC now owns 2,754 shares of the company’s stock valued at $275,000 after acquiring an additional 174 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 1.8% in the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 10,872 shares of the company’s stock valued at $1,087,000 after buying an additional 195 shares during the period. Corient Private Wealth LP increased its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 4.8% during the 2nd quarter. Corient Private Wealth LP now owns 4,593 shares of the company’s stock valued at $464,000 after acquiring an additional 211 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 41.0% during the 1st quarter. North Star Investment Management Corp. now owns 819 shares of the company’s stock worth $82,000 after acquiring an additional 238 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the first quarter worth approximately $29,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Vanguard Intermediate-Term Tax-Exempt Bond ETF stock traded up $0.31 during trading on Friday, reaching $95.58. The company had a trading volume of 225,464 shares, compared to its average volume of 144,680. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12-month low of $94.39 and a 12-month high of $102.66. The stock’s 50 day moving average price is $97.73 and its two-hundred day moving average price is $99.45.

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.