Paragon Capital Management Ltd Sells 5,116 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Paragon Capital Management Ltd trimmed its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 35.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,194 shares of the company’s stock after selling 5,116 shares during the period. Paragon Capital Management Ltd owned approximately 0.72% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $914,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Heartwood Wealth Advisors LLC boosted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.6% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 80,455 shares of the company’s stock worth $7,996,000 after buying an additional 447 shares during the period. JFS Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth about $126,000. Sigma Planning Corp purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $250,000. Hemenway Trust Co LLC purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $251,000. Finally, Joel Isaacson & Co. LLC grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.3% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 22,890 shares of the company’s stock valued at $2,316,000 after purchasing an additional 2,680 shares during the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEI opened at $99.01 on Thursday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1 year low of $98.32 and a 1 year high of $101.80. The firm has a 50-day simple moving average of $99.81 and a two-hundred day simple moving average of $100.11.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2462 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.