24,549 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) Bought by Life Planning Partners Inc

Life Planning Partners Inc acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 24,549 shares of the company’s stock, valued at approximately $2,440,000. Life Planning Partners Inc owned 1.92% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VTEI. Jane Street Group LLC increased its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 93.9% during the third quarter. Jane Street Group LLC now owns 28,510 shares of the company’s stock valued at $2,885,000 after buying an additional 13,810 shares during the period. JPMorgan Chase & Co. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $945,000. Elser Financial Planning Inc lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 177.7% in the 4th quarter. Elser Financial Planning Inc now owns 9,810 shares of the company’s stock valued at $975,000 after purchasing an additional 6,278 shares during the period. Magnolia Private Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter valued at approximately $502,000. Finally, Atria Investments Inc boosted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 150.3% during the fourth quarter. Atria Investments Inc now owns 21,633 shares of the company’s stock valued at $2,150,000 after purchasing an additional 12,991 shares in the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Up 0.3 %

VTEI opened at $98.65 on Friday. The stock has a fifty day simple moving average of $99.59 and a two-hundred day simple moving average of $99.91. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12-month low of $98.24 and a 12-month high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2598 per share. This is a boost from Vanguard Intermediate-Term Tax-Exempt Bond ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Monday, March 3rd.

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.