2,428 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) Purchased by Lakewood Asset Management LLC

Lakewood Asset Management LLC bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) 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

The business also recently disclosed a dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.2553 dividend. The ex-dividend date of this dividend was Thursday, August 1st.

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.