Northwestern Mutual Wealth Management Co. Has $1.04 Million Stock Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Northwestern Mutual Wealth Management Co. grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 164.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,334 shares of the company’s stock after buying an additional 6,427 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.09% of Vanguard Intermediate-Term Tax-Exempt Bond ETF worth $1,042,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in VTEI. Private Trust Co. NA acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $40,000. PNC Financial Services Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter worth $41,000. American National Bank & Trust grew its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 115.6% during the fourth quarter. American National Bank & Trust now owns 662 shares of the company’s stock worth $67,000 after purchasing an additional 355 shares during the period. WealthShield Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth $67,000. Finally, DiNuzzo Private Wealth Inc. grew its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.6% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 828 shares of the company’s stock worth $84,000 after purchasing an additional 99 shares during the period.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock opened at $100.60 on Monday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12 month low of $97.62 and a 12 month high of $102.66. The business has a fifty day simple moving average of $100.41 and a 200 day simple moving average of $100.94.

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.