Crews Bank & Trust Invests $139,000 in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Crews Bank & Trust acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,400 shares of the company’s stock, valued at approximately $139,000.

A number of other institutional investors also recently bought and sold shares of VTEI. Jane Street Group LLC increased 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 worth $2,885,000 after purchasing an additional 13,810 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter worth about $945,000. Financial Management Network Inc. bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter worth about $354,000. Paragon Capital Management Ltd lifted its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 25.8% during the 3rd quarter. Paragon Capital Management Ltd now owns 14,310 shares of the company’s stock valued at $1,448,000 after buying an additional 2,934 shares in the last quarter. Finally, Hemenway Trust Co LLC bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $251,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $99.79 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12-month low of $98.32 and a 12-month high of $101.80. The firm has a 50 day moving average of $99.72 and a 200 day moving average of $100.10.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2388 per share. The ex-dividend date is 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.