Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Short Interest Update

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 20,346 shares, a drop of 34.0% from the August 15th total of 30,837 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 74,172 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Vanguard Intermediate-Term Tax-Exempt Bond ETF

A number of institutional investors have recently modified their holdings of the company. Unison Advisors LLC boosted its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 7.8% during the first quarter. Unison Advisors LLC now owns 2,367,952 shares of the company’s stock worth $236,653,000 after acquiring an additional 172,174 shares during the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth $57,973,000. TIAA Trust National Association lifted its stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 45.1% during the 4th quarter. TIAA Trust National Association now owns 403,849 shares of the company’s stock worth $40,720,000 after purchasing an additional 125,479 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 5.8% during the fourth quarter. HighTower Advisors LLC now owns 224,657 shares of the company’s stock worth $22,652,000 after purchasing an additional 12,392 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 53.8% during the first quarter. Bank of America Corp DE now owns 205,701 shares of the company’s stock worth $20,558,000 after purchasing an additional 71,932 shares during the last quarter.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

Shares of VTEI stock opened at $96.88 on Friday. The firm has a 50-day moving average price of $98.90 and a 200 day moving average price of $100.01. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a twelve month low of $96.64 and a twelve month high of $102.66.

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