Mayflower Financial Advisors LLC Acquires 10,814 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Mayflower Financial Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.5% during the first quarter, HoldingsChannel reports. The fund owned 250,237 shares of the company’s stock after purchasing an additional 10,814 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 1.3% of Mayflower Financial Advisors LLC’s holdings, making the stock its 10th largest position. Mayflower Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,484,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Master S Wealth Management Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 30.0% during the first quarter. Master S Wealth Management Inc. now owns 106,094 shares of the company’s stock valued at $5,293,000 after acquiring an additional 24,486 shares during the last quarter. Midwest Financial Partners Investments Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 13.0% during the first quarter. Midwest Financial Partners Investments Inc. now owns 11,150 shares of the company’s stock worth $556,000 after purchasing an additional 1,286 shares during the period. Forum Financial Management LP grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.4% in the first quarter. Forum Financial Management LP now owns 1,319,857 shares of the company’s stock worth $65,848,000 after purchasing an additional 18,686 shares during the last quarter. Sellwood Investment Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the first quarter. Sellwood Investment Partners LLC now owns 66,717 shares of the company’s stock worth $3,329,000 after purchasing an additional 403 shares during the last quarter. Finally, Intrua Financial LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 3.8% in the first quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock valued at $272,000 after purchasing an additional 200 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.64 on Tuesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The stock has a fifty day simple moving average of $50.27 and a 200 day simple moving average of $50.36.

Vanguard Tax-Exempt Bond ETF Company 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.