24,549 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) Purchased by Life Planning Partners Inc

Life Planning Partners Inc bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,549 shares of the company’s stock, valued at approximately $2,440,000.

A number of other hedge funds have also recently modified their holdings of VTEI. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter valued at $42,000. Keystone Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter worth about $55,000. SJS Investment Consulting Inc. lifted its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% during the 4th quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock valued at $113,000 after buying an additional 1,079 shares in the last quarter. Crews Bank & Trust purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $139,000. Finally, Winebrenner Capital Management LLC bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter worth about $268,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Up 0.3 %

Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $98.65 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $101.80. The company has a 50 day moving average price of $99.59 and a 200-day moving average price of $99.91.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2598 dividend. This is a boost from Vanguard Intermediate-Term Tax-Exempt Bond ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Monday, March 3rd.

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.