Luminvest Wealth Management LLC Has $471,000 Stock Position in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI

Luminvest Wealth Management LLC lessened its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 27.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 4,782 shares of the company’s stock after selling 1,816 shares during the period. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up 0.2% of Luminvest Wealth Management LLC’s holdings, making the stock its 28th biggest holding. Luminvest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $471,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Paragon Capital Management Ltd boosted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 108.4% in the second quarter. Paragon Capital Management Ltd now owns 23,374 shares of the company’s stock valued at $2,304,000 after acquiring an additional 12,158 shares during the last quarter. Signal Tree Financial Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 2nd quarter valued at about $814,000. Oak Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 154.8% during the 2nd quarter. Oak Wealth Advisors LLC now owns 7,478 shares of the company’s stock worth $737,000 after acquiring an additional 4,543 shares during the period. Seed Wealth Management Inc. bought a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the second quarter worth $4,656,000. Finally, Financial Management Network Inc. boosted its stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 26.1% during the second quarter. Financial Management Network Inc. now owns 10,547 shares of the company’s stock worth $1,038,000 after buying an additional 2,183 shares during the period.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Down 0.1%

Shares of NYSEARCA VTEI opened at $100.20 on Friday. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52 week low of $95.00 and a 52 week high of $101.80. The business’s 50 day moving average price is $99.06 and its 200 day moving average price is $98.42.

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.