Avantax Planning Partners Inc. Buys Shares of 5,899 Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Avantax Planning Partners Inc. bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,899 shares of the company’s stock, valued at approximately $586,000. Avantax Planning Partners Inc. owned approximately 0.46% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $42,000. Keystone Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $55,000. SJS Investment Consulting Inc. increased its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock valued at $113,000 after buying an additional 1,079 shares in the last quarter. Crews Bank & Trust purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $139,000. Finally, Sigma Planning Corp purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at about $250,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Down 0.3 %

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $99.62 on Wednesday. The company has a 50-day moving average of $99.64 and a two-hundred day moving average of $100.05. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12-month low of $98.32 and a 12-month high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2598 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from Vanguard Intermediate-Term Tax-Exempt Bond ETF’s previous dividend of $0.24.

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.