First Heartland Consultants Inc. Raises Holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

First Heartland Consultants Inc. increased its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 149.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,694 shares of the company’s stock after buying an additional 7,602 shares during the period. First Heartland Consultants Inc.’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $1,262,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VTEI. Unison Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter valued at $55,820,000. Commonwealth Equity Services LLC boosted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 11.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 148,578 shares of the company’s stock valued at $14,767,000 after purchasing an additional 15,425 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $4,779,000. Joel Isaacson & Co. LLC raised its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 17.3% in the fourth quarter. Joel Isaacson & Co. LLC now owns 26,842 shares of the company’s stock worth $2,668,000 after purchasing an additional 3,952 shares in the last quarter. Finally, Life Planning Partners Inc bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter worth about $2,440,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEI opened at $97.72 on Thursday. The company’s 50-day simple moving average is $98.01 and its 200-day simple moving average is $99.15. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a fifty-two week low of $95.00 and a fifty-two week high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2598 dividend. This is a positive change from Vanguard Intermediate-Term Tax-Exempt Bond ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Monday, March 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.