PFG Private Wealth Management LLC Invests $1.93 Million in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

PFG Private Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,244 shares of the company’s stock, valued at approximately $1,931,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 6.1% in the third quarter. Commonwealth Equity Services LLC now owns 181,551 shares of the company’s stock valued at $18,215,000 after purchasing an additional 10,468 shares during the period. Cetera Investment Advisers grew its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 123.0% in the 2nd quarter. Cetera Investment Advisers now owns 168,957 shares of the company’s stock valued at $16,652,000 after buying an additional 93,194 shares during the last quarter. HBK Sorce Advisory LLC acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter valued at $832,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $3,391,000. Finally, A. D. Beadell Investment Counsel Inc. bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth $1,351,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

VTEI stock opened at $102.01 on Thursday. The company has a 50-day moving average of $101.17 and a two-hundred day moving average of $100.39. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $95.00 and a 52-week high of $102.09.

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.