11,442 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Acquired by Stone Loft Wealth Management LLC
by Doug Wharley · The Cerbat GemStone Loft Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,442 shares of the company’s stock, valued at approximately $1,144,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF comprises approximately 0.8% of Stone Loft Wealth Management LLC’s portfolio, making the stock its 17th largest holding. Stone Loft Wealth Management LLC owned 0.19% of Vanguard Intermediate-Term Tax-Exempt Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter valued at about $86,000. Peapack Gladstone Financial Corp lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 61.2% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 7,705 shares of the company’s stock valued at $759,000 after purchasing an additional 2,925 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 2nd quarter worth about $288,000. Jane Street Group LLC grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 617.9% in the second quarter. Jane Street Group LLC now owns 68,040 shares of the company’s stock valued at $6,706,000 after purchasing an additional 58,563 shares during the period. Finally, Bank of America Corp DE grew its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 87.8% in the 2nd quarter. Bank of America Corp DE now owns 69,872 shares of the company’s stock valued at $6,887,000 after acquiring an additional 32,668 shares during the period.
Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance
VTEI stock opened at $100.02 on Tuesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52 week low of $97.87 and a 52 week high of $102.66. The firm has a 50-day simple moving average of $100.52 and a 200-day simple moving average of $100.93.
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.
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