Bailard Inc. Buys 17,875 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Bailard Inc. increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 67,325 shares of the company’s stock after acquiring an additional 17,875 shares during the period. Bailard Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,386,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Certior Financial Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 8.7% in the fourth quarter. Certior Financial Group LLC now owns 46,477 shares of the company’s stock worth $2,337,000 after purchasing an additional 3,705 shares during the period. Valeo Financial Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 72.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 71,361 shares of the company’s stock worth $3,589,000 after purchasing an additional 30,068 shares during the period. Peak Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $557,000. Brio Consultants LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 17.8% during the fourth quarter. Brio Consultants LLC now owns 13,299 shares of the company’s stock valued at $669,000 after buying an additional 2,007 shares during the last quarter. Finally, Naples Global Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the fourth quarter. Naples Global Advisors LLC now owns 46,323 shares of the company’s stock valued at $2,330,000 after buying an additional 4,240 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

NYSEARCA:VTEB opened at $50.12 on Wednesday. The company’s 50 day moving average price is $50.22 and its 200-day moving average price is $50.39. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.