Cresset Asset Management LLC Buys Shares of 2,195 Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Cresset Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,195 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 517.0% in the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 25,764 shares of the company’s stock valued at $2,548,000 after acquiring an additional 21,588 shares during the last quarter. Maia Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 3.5% during the first quarter. Maia Wealth LLC now owns 6,122 shares of the company’s stock valued at $596,000 after buying an additional 208 shares during the period. Silver Oak Advisory Group Inc. boosted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 194.8% during the first quarter. Silver Oak Advisory Group Inc. now owns 6,571 shares of the company’s stock worth $649,000 after acquiring an additional 4,342 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2.8% during the first quarter. Commonwealth Equity Services LLC now owns 152,811 shares of the company’s stock worth $15,101,000 after acquiring an additional 4,233 shares during the last quarter. Finally, IFG Advisory LLC grew its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 11.5% in the 1st quarter. IFG Advisory LLC now owns 2,900 shares of the company’s stock worth $287,000 after acquiring an additional 300 shares during the period.

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

Shares of VTEI opened at $98.75 on Wednesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $95.00 and a fifty-two week high of $101.80. The stock has a fifty day moving average of $98.38 and a two-hundred day moving average of $98.44.

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.