Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) Stock Position Lifted by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC boosted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 17.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,842 shares of the company’s stock after buying an additional 3,952 shares during the quarter. Joel Isaacson & Co. LLC owned approximately 2.10% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $2,668,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter worth approximately $42,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter valued at $55,000. SJS Investment Consulting Inc. lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% in the 4th quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock valued at $113,000 after purchasing an additional 1,079 shares during the last quarter. JFS Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter worth $126,000. Finally, Crews Bank & Trust acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $139,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEI opened at $99.82 on Friday. The stock’s 50-day moving average is $99.66 and its two-hundred day moving average is $100.10. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.32 and a fifty-two week high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2388 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.