Northwestern Mutual Wealth Management Co. Has $1.04 Million Holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 164.5% in the fourth quarter, Holdings Channel reports. The fund owned 10,334 shares of the company’s stock after acquiring an additional 6,427 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $1,042,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 10.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 322,879 shares of the company’s stock valued at $32,394,000 after purchasing an additional 31,757 shares during the period. Aspire Private Capital LLC grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 42.2% in the 3rd quarter. Aspire Private Capital LLC now owns 103,351 shares of the company’s stock valued at $10,369,000 after purchasing an additional 30,679 shares during the period. S.A. Mason LLC grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 856.9% in the 4th quarter. S.A. Mason LLC now owns 43,061 shares of the company’s stock valued at $4,342,000 after purchasing an additional 38,561 shares during the period. Truist Financial Corp grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 34.5% in the 3rd quarter. Truist Financial Corp now owns 19,490 shares of the company’s stock valued at $1,955,000 after purchasing an additional 5,001 shares during the period. Finally, Sprinkle Financial Consultants LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter valued at approximately $1,008,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTEI opened at $100.60 on Monday. The stock has a 50 day simple moving average of $100.41 and a 200 day simple moving average of $100.94. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $97.62 and a 52-week 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.