Joel Isaacson & Co. LLC Increases Holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Joel Isaacson & Co. LLC boosted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 13.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,890 shares of the company’s stock after purchasing an additional 2,680 shares during the period. Joel Isaacson & Co. LLC owned about 1.79% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $2,316,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VTEI. Lakewood Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter worth about $241,000. Commonwealth Equity Services LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter worth $8,136,000. Sage Mountain Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter valued at $498,000. Mitchell Mcleod Pugh & Williams Inc. purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the second quarter valued at $243,000. Finally, Silver Oak Advisory Group Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the second quarter valued at approximately $221,000.

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

Shares of VTEI stock opened at $99.76 on Friday. The business’s 50 day moving average is $100.64 and its two-hundred day moving average is $99.88. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12-month low of $98.32 and a 12-month high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a $0.251 dividend. The ex-dividend date of this dividend was Tuesday, October 1st.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

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.