Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Shares Bought by Paragon Capital Management Ltd

Paragon Capital Management Ltd grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 274.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,371 shares of the company’s stock after purchasing an additional 45,000 shares during the quarter. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up about 1.1% of Paragon Capital Management Ltd’s holdings, making the stock its 17th largest position. Paragon Capital Management Ltd owned 1.01% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $5,851,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEI. AdvisorNet Financial Inc purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth approximately $29,000. Integrated Wealth Concepts LLC purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the second quarter valued at approximately $57,000. North Star Investment Management Corp. boosted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 41.0% in the first quarter. North Star Investment Management Corp. now owns 819 shares of the company’s stock valued at $82,000 after acquiring an additional 238 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter worth approximately $125,000. Finally, American National Bank & Trust purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth approximately $142,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of BATS:VTEI traded up $0.31 on Friday, reaching $95.58. The company’s stock had a trading volume of 225,464 shares, compared to its average volume of 144,680. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $94.39 and a 52-week high of $102.66. The stock’s 50-day moving average is $97.73 and its two-hundred day moving average is $99.45.

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.