Lakewood Asset Management LLC bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,428 shares of the company’s stock, valued at approximately $241,000.
Separately, Joel Isaacson & Co. LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the first quarter worth $854,000.
Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Up 0.1 %
Shares of NYSEARCA VTEI traded up $0.08 during mid-day trading on Friday, hitting $100.29. The company had a trading volume of 11,136 shares, compared to its average volume of 22,334. The business’s 50-day simple moving average is $99.79 and its 200 day simple moving average is $99.78. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1-year low of $98.32 and a 1-year high of $101.67.
Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend
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.
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Want to see what other hedge funds are holding VTEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI – Free Report).
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