New Republic Capital LLC Makes New $344,000 Investment in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

New Republic Capital LLC purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,460 shares of the company’s stock, valued at approximately $344,000. New Republic Capital LLC owned about 0.27% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Heartwood Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.6% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 80,455 shares of the company’s stock worth $7,996,000 after acquiring an additional 447 shares during the period. Jane Street Group LLC raised its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 93.9% in the 3rd quarter. Jane Street Group LLC now owns 28,510 shares of the company’s stock worth $2,885,000 after purchasing an additional 13,810 shares during the period. Joel Isaacson & Co. LLC grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 17.3% in the fourth quarter. Joel Isaacson & Co. LLC now owns 26,842 shares of the company’s stock valued at $2,668,000 after purchasing an additional 3,952 shares during the period. Elser Financial Planning Inc increased its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 177.7% in the fourth quarter. Elser Financial Planning Inc now owns 9,810 shares of the company’s stock valued at $975,000 after buying an additional 6,278 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $945,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

VTEI stock opened at $99.84 on Tuesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52 week low of $98.32 and a 52 week high of $101.80. The firm has a 50-day simple moving average of $99.64 and a 200-day simple moving average of $100.10.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2388 per share. The ex-dividend date was Monday, February 3rd.

Vanguard Intermediate-Term Tax-Exempt Bond ETF 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.