Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $48.16 and last traded at $48.3450, with a volume of 16681812 shares. The stock had previously closed at $48.27.
Vanguard Tax-Exempt Bond ETF Price Performance
The company’s 50 day moving average is $49.42 and its 200-day moving average is $49.95.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of VTEB. Cherry Tree Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 153,195 shares of the company’s stock valued at $7,749,000 after acquiring an additional 8,281 shares during the last quarter. Bouchey Financial Group Ltd. raised its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the second quarter. Bouchey Financial Group Ltd. now owns 24,709 shares of the company’s stock worth $1,250,000 after acquiring an additional 1,157 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,073,127 shares of the company’s stock worth $104,859,000 after acquiring an additional 226,758 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $11,133,000. Finally, Cahill Financial Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 19.3% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 55,811 shares of the company’s stock valued at $2,823,000 after acquiring an additional 9,016 shares during the period.
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.
Read More
- Five stocks we like better than Vanguard Tax-Exempt Bond ETF
- Think Outside the Box With These 3 Companies That Make Unusual Business Models Work
- 3 Surging Stocks That Don’t Need the AI Boom to Keep Winning
- Oil Tanker Rates Top $1 Million a Day—3 Ways Investors Can Trade the Surge
- Meta’s Muse Agent Has Wall Street Divided on Its AI Potential
Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
