First Heartland Consultants Inc. Purchases Shares of 5,092 Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

First Heartland Consultants Inc. purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,092 shares of the company’s stock, valued at approximately $515,000. First Heartland Consultants Inc. owned approximately 0.40% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VTEI. Commonwealth Equity Services LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $8,136,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $8,096,000. Joel Isaacson & Co. LLC lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.3% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 22,890 shares of the company’s stock worth $2,316,000 after acquiring an additional 2,680 shares during the last quarter. Paragon Capital Management Ltd lifted its stake 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 worth $1,448,000 after acquiring an additional 2,934 shares during the last quarter. Finally, Atria Investments Inc bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $874,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of VTEI stock opened at $99.66 on Wednesday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52-week low of $98.32 and a 52-week high of $101.80. The stock has a 50 day moving average price of $100.43 and a 200 day moving average price of $99.92.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.2462 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.