4,500 Shares in Vanguard Intermediate-Term Tax-Exempt Bond ETF $VTEI Bought by Sheridan Capital Management LLC

Sheridan Capital Management LLC acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,500 shares of the company’s stock, valued at approximately $444,000. Vanguard Intermediate-Term Tax-Exempt Bond ETF makes up approximately 0.3% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 21st largest position. Sheridan Capital Management LLC owned approximately 0.07% of Vanguard Intermediate-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VTEI. DiNuzzo Private Wealth Inc. lifted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.2% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 729 shares of the company’s stock worth $72,000 after acquiring an additional 253 shares during the last quarter. Moser Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 21.1% during the second quarter. Moser Wealth Advisors LLC now owns 1,150 shares of the company’s stock valued at $113,000 after buying an additional 200 shares during the last quarter. Aberdeen Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter valued at about $201,000. Cresset Asset Management LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the first quarter valued at about $217,000. Finally, IFG Advisory LLC raised its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 11.5% during the first quarter. IFG Advisory LLC now owns 2,900 shares of the company’s stock valued at $287,000 after buying an additional 300 shares during the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Down 0.4%

Shares of VTEI opened at $100.67 on Tuesday. The company has a 50-day simple moving average of $100.21 and a 200-day simple moving average of $98.86. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 52 week low of $95.00 and a 52 week high of $101.27.

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.