Winebrenner Capital Management LLC Takes $268,000 Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Winebrenner Capital Management LLC purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,700 shares of the company’s stock, valued at approximately $268,000.

Other large investors also recently bought and sold shares of the company. Life Planning Partners Inc purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter valued at $2,440,000. Jane Street Group LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 93.9% during the 3rd quarter. Jane Street Group LLC now owns 28,510 shares of the company’s stock worth $2,885,000 after purchasing an additional 13,810 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter valued at about $945,000. Genesis Private Wealth LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter worth about $875,000. Finally, Atria Investments Inc purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $874,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEI opened at $100.00 on Friday. The stock’s 50 day simple moving average is $99.48 and its 200-day simple moving average is $100.08. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1-year low of $98.32 and a 1-year high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.2388 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.