Avantax Planning Partners Inc. Acquires 30,334 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Avantax Planning Partners Inc. raised its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 19.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,307 shares of the company’s stock after purchasing an additional 30,334 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $19,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the first quarter valued at $57,973,000. Unison Advisors LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% in the first quarter. Unison Advisors LLC now owns 2,367,952 shares of the company’s stock valued at $236,653,000 after purchasing an additional 172,174 shares during the period. TIAA Trust National Association raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 45.1% in the fourth quarter. TIAA Trust National Association now owns 403,849 shares of the company’s stock valued at $40,720,000 after purchasing an additional 125,479 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 3,058.6% during the 3rd quarter. Raymond James Financial Inc. now owns 92,420 shares of the company’s stock worth $9,273,000 after buying an additional 89,494 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 4th quarter worth about $6,025,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEI stock opened at $100.42 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 company has a 50-day simple moving average of $100.55 and a 200 day simple moving average of $100.94.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

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.