Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Short Interest Update

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 10,196 shares, a drop of 71.5% from the July 15th total of 35,720 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 107,739 shares, the days-to-cover ratio is presently 0.1 days.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $99.67 on Friday. The stock’s 50 day moving average price is $100.20 and its 200 day moving average price is $100.69. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1-year low of $98.38 and a 1-year high of $102.66.

Institutional Investors Weigh In On Vanguard Intermediate-Term Tax-Exempt Bond ETF

Several institutional investors have recently made changes to their positions in VTEI. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth $57,973,000. Unison Advisors LLC grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% during the first quarter. Unison Advisors LLC now owns 2,367,952 shares of the company’s stock worth $236,653,000 after buying an additional 172,174 shares during the period. TIAA Trust National Association grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 45.1% during the fourth quarter. TIAA Trust National Association now owns 403,849 shares of the company’s stock worth $40,720,000 after buying an additional 125,479 shares during the period. Raymond James Financial Inc. increased its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 3,058.6% in the third quarter. Raymond James Financial Inc. now owns 92,420 shares of the company’s stock valued at $9,273,000 after buying an additional 89,494 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.8% in the first quarter. Bank of America Corp DE now owns 205,701 shares of the company’s stock valued at $20,558,000 after buying an additional 71,932 shares in the last quarter.

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.