Corient Private Wealth LLC Purchases New Stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Corient Private Wealth LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the 4th quarter, Holdings Channel.com reports. The firm acquired 2,850 shares of the company’s stock, valued at approximately $283,000.

Other large investors also recently added to or reduced their stakes in the company. Luminvest Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 5.4% in the 4th quarter. Luminvest Wealth Management LLC now owns 6,598 shares of the company’s stock worth $656,000 after purchasing an additional 338 shares during the last quarter. DiNuzzo Private Wealth Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $42,000. Heartwood Wealth Advisors LLC boosted its holdings 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 last quarter. Keystone Financial Group Inc. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter worth about $55,000. Finally, SJS Investment Consulting Inc. increased its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% in the 4th quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock valued at $113,000 after acquiring an additional 1,079 shares during the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:VTEI opened at $98.82 on Tuesday. The firm’s 50 day simple moving average is $99.58 and its 200 day simple moving average is $99.89. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.2492 per share. The ex-dividend date is Tuesday, April 1st.

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.