Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Stock: Hassell Wealth Management LLC Increases Stake

Hassell Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 58.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 83,679 shares of the company’s stock after buying an additional 30,757 shares during the quarter. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up 2.4% of Hassell Wealth Management LLC’s holdings, making the stock its 11th largest holding. Hassell Wealth Management LLC owned 1.38% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $7,978,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VTEI. Unison Advisors LLC raised its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% during 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 period. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter worth about $57,973,000. Envestnet Asset Management Inc. grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 10.7% during the second quarter. Envestnet Asset Management Inc. now owns 383,067 shares of the company’s stock worth $38,678,000 after purchasing an additional 37,076 shares in the last quarter. Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.8% during the first quarter. Bank of America Corp DE now owns 205,701 shares of the company’s stock worth $20,558,000 after purchasing an additional 71,932 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 5.8% during the 1st quarter. Cetera Investment Advisers now owns 198,090 shares of the company’s stock valued at $19,797,000 after purchasing an additional 10,925 shares during the period.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Down 0.1%

VTEI traded down $0.14 on Monday, hitting $96.63. 255,334 shares of the company’s stock traded hands, compared to its average volume of 160,813. The company’s 50 day simple moving average is $97.36 and its 200-day simple moving average is $99.30. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $94.39 and a one year high of $102.66.

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.