Stone Loft Wealth Management LLC Invests $1.14 Million in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Stone Loft Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 11,442 shares of the company’s stock, valued at approximately $1,144,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up approximately 0.8% of Stone Loft Wealth Management LLC’s portfolio, making the stock its 17th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth approximately $57,973,000. Unison Advisors LLC lifted its holdings 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 acquiring an additional 172,174 shares during the last quarter. TIAA Trust National Association grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 45.1% in the fourth quarter. TIAA Trust National Association now owns 403,849 shares of the company’s stock worth $40,720,000 after acquiring an additional 125,479 shares during the period. Raymond James Financial Inc. grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 3,058.6% in 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 during the period. Finally, Merit Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $6,025,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

BATS:VTEI opened at $100.02 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 fifty day moving average is $100.52 and its two-hundred day moving average is $100.93.

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.