Elser Financial Planning Inc Purchases 6,278 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Elser Financial Planning Inc lifted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 177.7% during the fourth quarter, HoldingsChannel reports. The firm owned 9,810 shares of the company’s stock after buying an additional 6,278 shares during the quarter. Elser Financial Planning Inc’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $975,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTEI. DiNuzzo Private Wealth Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $55,000. SJS Investment Consulting Inc. boosted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% during the fourth quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock worth $113,000 after purchasing an additional 1,079 shares in the last quarter. JFS Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth $126,000. Finally, Crews Bank & Trust bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $139,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEI opened at $99.82 on Monday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a twelve month low of $98.32 and a twelve month high of $101.80. The company’s fifty day moving average is $99.64 and its 200-day moving average is $100.10.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.