Gray Private Wealth LLC Makes New Investment in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Gray Private Wealth LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 17,341 shares of the company’s stock, valued at approximately $1,653,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF comprises approximately 0.7% of Gray Private Wealth LLC’s portfolio, making the stock its 16th largest position.

A number of other large investors have also made changes to their positions in VTEI. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter valued at $47,000. Integrated Wealth Concepts LLC purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 2nd quarter valued at about $57,000. North Star Investment Management Corp. acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $79,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth about $125,000. Finally, American National Bank & Trust purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth about $142,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of VTEI opened at $98.44 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1 year low of $94.39 and a 1 year high of $102.66. The company’s 50 day simple moving average is $97.03 and its 200 day simple moving average is $99.77.

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.