Genesis Private Wealth LLC Buys New Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Genesis Private Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,807 shares of the company’s stock, valued at approximately $875,000. Genesis Private Wealth LLC owned about 0.69% of Vanguard Intermediate-Term Tax-Exempt Bond ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VTEI. Jane Street Group LLC raised its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 93.9% in 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. Financial Management Network Inc. bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at $354,000. Paragon Capital Management Ltd raised its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 25.8% during the 3rd quarter. Paragon Capital Management Ltd now owns 14,310 shares of the company’s stock valued at $1,448,000 after purchasing an additional 2,934 shares during the period. Hemenway Trust Co LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at $251,000. Finally, Sigma Planning Corp bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at $250,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEI opened at $99.31 on Wednesday. The stock’s 50-day simple moving average is $99.77 and its two-hundred day simple moving average is $100.12. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a twelve month low of $98.32 and a twelve month high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2462 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.