HighTower Advisors LLC Purchases 12,392 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

HighTower Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,657 shares of the company’s stock after acquiring an additional 12,392 shares during the quarter. HighTower Advisors LLC owned 1.99% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $22,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEI. Private Trust Co. NA bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $40,000. PNC Financial Services Group Inc. bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth $41,000. American National Bank & Trust raised its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 115.6% during the fourth quarter. American National Bank & Trust now owns 662 shares of the company’s stock worth $67,000 after acquiring an additional 355 shares in the last quarter. WealthShield Partners LLC bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $67,000. Finally, DiNuzzo Private Wealth Inc. raised its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.6% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 828 shares of the company’s stock worth $84,000 after acquiring an additional 99 shares in the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of VTEI opened at $99.90 on Friday. The company’s 50-day moving average is $100.41 and its 200-day moving average is $100.96. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $97.52 and a fifty-two week high of $102.66.

Vanguard Intermediate-Term Tax-Exempt Bond ETF 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. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.