Keystone Financial Group Inc. Invests $55,000 in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Keystone Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 551 shares of the company’s stock, valued at approximately $55,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC raised its holdings in 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 during the period. JPMorgan Chase & Co. bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $945,000. Genesis Private Wealth LLC bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter worth $875,000. Atria Investments Inc bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $874,000. Finally, Peapack Gladstone Financial Corp bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $544,000.

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

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $99.92 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $98.32 and a one year high of $101.80. The stock’s fifty day moving average is $99.67 and its 200 day moving average is $100.10.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors 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.