Luminvest Wealth Management LLC Has $656,000 Holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI)

Luminvest Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF (NYSEARCA:VTEI) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,598 shares of the company’s stock after acquiring an additional 338 shares during the period. Vanguard Intermediate-Term Tax-Exempt Bond ETF comprises 0.3% of Luminvest Wealth Management LLC’s holdings, making the stock its 23rd biggest position. Luminvest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Tax-Exempt Bond ETF were worth $656,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in VTEI. DiNuzzo Private Wealth Inc. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $42,000. Keystone Financial Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $55,000. SJS Investment Consulting Inc. grew its position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF by 2,035.8% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,132 shares of the company’s stock valued at $113,000 after purchasing an additional 1,079 shares during the last quarter. JFS Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at approximately $126,000. Finally, Crews Bank & Trust bought a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $139,000.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Stock Performance

VTEI opened at $99.82 on Monday. The business has a fifty day simple moving average of $99.64 and a 200 day simple moving average of $100.10. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1 year low of $98.32 and a 1 year high of $101.80.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2388 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Vanguard Intermediate-Term Tax-Exempt Bond ETF 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.