Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Sees Large Increase in Short Interest

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,171 shares, an increase of 181.3% from the June 15th total of 6,104 shares. Based on an average trading volume of 67,589 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. DiNuzzo Private Wealth Inc. boosted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.6% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 828 shares of the company’s stock worth $84,000 after purchasing an additional 99 shares during the period. Paragon Capital Management Ltd lifted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Paragon Capital Management Ltd now owns 17,562 shares of the company’s stock worth $1,771,000 after buying an additional 115 shares in the last quarter. Freedom Investment Management Inc. boosted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.9% in the fourth quarter. Freedom Investment Management Inc. now owns 14,479 shares of the company’s stock valued at $1,460,000 after acquiring an additional 125 shares during the period. Sanctuary Advisors LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 6.7% in the first quarter. Sanctuary Advisors LLC now owns 2,754 shares of the company’s stock worth $275,000 after buying an additional 174 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 1.8% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 10,872 shares of the company’s stock worth $1,087,000 after buying an additional 195 shares in the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $100.42 on Tuesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $97.87 and a 52-week high of $102.66. The stock’s 50-day simple moving average is $100.55 and its 200 day simple moving average is $100.94.

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.