92,273 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Purchased by JNBA Financial Advisors

JNBA Financial Advisors acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 92,273 shares of the company’s stock, valued at approximately $9,317,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF accounts for approximately 0.5% of JNBA Financial Advisors’ investment portfolio, making the stock its 24th biggest position. JNBA Financial Advisors owned approximately 1.53% of Vanguard Intermediate-Term Tax-Exempt Bond ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 1st quarter valued at about $29,000. PNC Financial Services Group Inc. bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at approximately $41,000. WealthShield Partners LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter worth $67,000. North Star Investment Management Corp. grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 41.0% during the 1st quarter. North Star Investment Management Corp. now owns 819 shares of the company’s stock worth $82,000 after acquiring an additional 238 shares during the period. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 2nd quarter worth $86,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $98.90 on Monday. The firm has a fifty day moving average of $99.87 and a two-hundred day moving average of $100.50. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52 week low of $98.38 and a 52 week high of $102.66.

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. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.