Joel Isaacson & Co. LLC Acquires 3,952 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Joel Isaacson & Co. LLC boosted its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 17.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 26,842 shares of the company’s stock after purchasing an additional 3,952 shares during the period. Joel Isaacson & Co. LLC’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $2,668,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 93.9% in the 3rd quarter. Jane Street Group LLC now owns 28,510 shares of the company’s stock valued at $2,885,000 after purchasing an additional 13,810 shares in the last quarter. JPMorgan Chase & Co. bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $945,000. Financial Management Network Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at about $354,000. Paragon Capital Management Ltd grew its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 25.8% during the third quarter. Paragon Capital Management Ltd now owns 14,310 shares of the company’s stock worth $1,448,000 after buying an additional 2,934 shares during the last quarter. Finally, Hemenway Trust Co LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth approximately $251,000.

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

NYSEARCA:VTEI opened at $99.82 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1 year low of $98.32 and a 1 year high of $101.80. The firm has a 50 day moving average of $99.66 and a 200-day moving average of $100.10.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.