Ferguson Wellman Capital Management Inc. Takes $57.97 Million Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 580,080 shares of the company’s stock, valued at approximately $57,973,000. Ferguson Wellman Capital Management Inc. owned about 9.59% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. S.A. Mason LLC boosted its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 856.9% in the fourth quarter. S.A. Mason LLC now owns 43,061 shares of the company’s stock worth $4,342,000 after purchasing an additional 38,561 shares during the last quarter. Sprinkle Financial Consultants LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter worth $1,008,000. Aspire Private Capital LLC increased its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 42.2% during the third quarter. Aspire Private Capital LLC now owns 103,351 shares of the company’s stock valued at $10,369,000 after acquiring an additional 30,679 shares during the last quarter. Truist Financial Corp lifted its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 72.9% in the fourth quarter. Truist Financial Corp now owns 33,695 shares of the company’s stock valued at $3,397,000 after acquiring an additional 14,205 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 5.8% during the 4th quarter. HighTower Advisors LLC now owns 224,657 shares of the company’s stock valued at $22,652,000 after purchasing an additional 12,392 shares during the period.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

BATS:VTEI traded up $0.03 during mid-day trading on Friday, hitting $100.52. 52,574 shares of the company traded hands, compared to its average volume of 96,038. The stock’s fifty day moving average price is $100.56 and its 200-day moving average price is $100.94. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $97.87 and a one year high of $102.66.

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