Peak Financial Management Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,380 shares of the company’s stock, valued at approximately $224,000.
A number of other large investors have also recently made changes to their positions in VTEB. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 144.4% in the first quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock valued at $13,776,000 after acquiring an additional 157,887 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 81.6% during the first quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock worth $2,940,000 after purchasing an additional 25,628 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.2% during the first quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock worth $1,540,000 after purchasing an additional 3,010 shares during the period. Prudential Financial Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 11.7% in the first quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock worth $1,356,000 after acquiring an additional 2,756 shares in the last quarter. Finally, AJ Wealth Strategies LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the first quarter worth $3,989,000.
Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %
NYSEARCA:VTEB opened at $50.60 on Friday. The stock has a fifty day moving average price of $50.64 and a two-hundred day moving average price of $49.76. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15.
About Vanguard Tax-Exempt Bond ETF
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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