Silver Oak Advisory Group Inc. Buys 19,977 Shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Silver Oak Advisory Group Inc. boosted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) by 27.3% in the third quarter, HoldingsChannel.com reports. The firm owned 93,209 shares of the company’s stock after acquiring an additional 19,977 shares during the period. Vanguard Intermediate-Term Tax-Exempt Bond ETF accounts for approximately 3.4% of Silver Oak Advisory Group Inc.’s investment portfolio, making the stock its 9th biggest holding. Silver Oak Advisory Group Inc.’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $8,887,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of VTEI. Ashton Thomas Securities LLC purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the third quarter valued at about $47,000. Integrated Wealth Concepts LLC purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 2nd quarter worth approximately $57,000. North Star Investment Management Corp. purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $79,000. American National Bank & Trust purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $142,000. Finally, Fifth Third Bancorp bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth approximately $171,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Down 0.3%

Shares of BATS VTEI traded down $0.27 during trading hours on Friday, hitting $98.19. 381,448 shares of the stock were exchanged, compared to its average volume of 190,612. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 12 month low of $94.39 and a 12 month high of $102.66. The firm has a fifty day moving average price of $97.02 and a 200-day moving average price of $99.63.

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. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.