Keyvantage Wealth LLC Invests $503,000 in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Keyvantage Wealth LLC acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,992 shares of the company’s stock, valued at approximately $503,000.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 10.9% in the third quarter. Envestnet Asset Management Inc. now owns 322,879 shares of the company’s stock worth $32,394,000 after acquiring an additional 31,757 shares during the period. Aspire Private Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 42.2% in the third quarter. Aspire Private Capital LLC now owns 103,351 shares of the company’s stock worth $10,369,000 after acquiring an additional 30,679 shares during the period. Truist Financial Corp boosted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 34.5% in the third quarter. Truist Financial Corp now owns 19,490 shares of the company’s stock worth $1,955,000 after acquiring an additional 5,001 shares during the period. Sprinkle Financial Consultants LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter worth about $1,008,000. Finally, Apella Capital LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter worth about $5,248,000.

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

BATS VTEI opened at $100.79 on Friday. The business has a 50-day moving average price of $100.36 and a 200-day moving average price of $100.94. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a twelve month low of $97.52 and a twelve month 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.