Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Stake Decreased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC reduced its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 9.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,229 shares of the company’s stock after selling 30,492 shares during the quarter. Vanguard Intermediate-Term Tax-Exempt Bond ETF accounts for 0.7% of Joel Isaacson & Co. LLC’s portfolio, making the stock its 25th biggest holding. Joel Isaacson & Co. LLC’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $26,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTEI. Confluence Wealth Services Inc. bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth about $351,000. Avantax Planning Partners Inc. bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $41,682,000. Parallel Advisors LLC bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $956,000. Genesis Private Wealth LLC lifted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 1.0% during the 3rd quarter. Genesis Private Wealth LLC now owns 15,964 shares of the company’s stock valued at $1,522,000 after acquiring an additional 152 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $24,459,000.

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

Shares of BATS VTEI opened at $99.06 on Thursday. The firm’s 50-day moving average price is $97.01 and its 200-day moving average price is $99.66. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $94.39 and a 52-week 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.