Envestnet Asset Management Inc. Raises Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 322,879 shares of the company’s stock after buying an additional 31,757 shares during the quarter. Envestnet Asset Management Inc. owned 3.43% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $32,394,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. North Star Investment Management Corp. acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 2nd quarter valued at $86,000. Red Tortoise LLC purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth $110,000. Moser Wealth Advisors LLC lifted its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 21.1% in the 2nd quarter. Moser Wealth Advisors LLC now owns 1,150 shares of the company’s stock worth $113,000 after buying an additional 200 shares in the last quarter. Finally, Financial Architects LLC acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $201,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $102.01 on Thursday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1-year low of $95.00 and a 1-year high of $102.09. The business has a 50-day moving average of $101.17 and a 200-day moving average of $100.39.

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. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.