Financial Management Professionals Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Rating) in the 4th quarter, HoldingsChannel.com reports. The firm bought 13,362 shares of the company’s stock, valued at approximately $661,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flower City Capital purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $6,906,000. North Star Investment Management Corp. lifted its stake in Vanguard Tax-Exempt Bond ETF by 5.0% in the fourth quarter. North Star Investment Management Corp. now owns 17,296 shares of the company’s stock valued at $856,000 after buying an additional 821 shares during the last quarter. Macroview Investment Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $153,000. Sound Income Strategies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $38,000. Finally, Accurate Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $2,045,000.
Vanguard Tax-Exempt Bond ETF Price Performance
NYSEARCA VTEB traded up $0.10 on Friday, reaching $50.27. The stock had a trading volume of 2,806,418 shares, compared to its average volume of 3,918,235. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.38 and a 12-month high of $52.22. The business’s 50-day moving average price is $50.19 and its 200 day moving average price is $49.39.
Vanguard Tax-Exempt Bond ETF Company Profile
The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Rating).
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