Legacy Advisors LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Legacy Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,747 shares of the company’s stock, valued at approximately $1,245,000.

A number of other institutional investors have also added to or reduced their stakes in VTEB. JPL Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $25,000. Fairway Wealth LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $28,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $29,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $37,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.47 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.15 and a 1-year high of $51.18. The business has a fifty day moving average price of $50.39 and a 200-day moving average price of $50.39.

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.