Fidelis Capital Partners LLC Buys 14,988 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Fidelis Capital Partners LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 34.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 58,482 shares of the company’s stock after acquiring an additional 14,988 shares during the period. Fidelis Capital Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,941,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VTEB. New York Life Investment Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 15.1% in the 3rd quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after purchasing an additional 112,023 shares during the period. Chesley Taft & Associates LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 18.4% in the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after purchasing an additional 23,425 shares during the period. Compound Planning Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 16.2% in the 3rd quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock valued at $16,683,000 after purchasing an additional 46,505 shares during the period. Bear Mountain Capital Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 418.3% in the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after purchasing an additional 82,764 shares during the period. Finally, Betterment LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after purchasing an additional 6,090,513 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Shares of VTEB opened at $50.21 on Thursday. The stock has a 50 day simple moving average of $50.10 and a 200 day simple moving average of $50.35. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

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.