Dickmeyer Boyce Financial Management Inc. Buys Shares of 106,969 Vanguard Tax-Exempt Bond ETF $VTEB

Dickmeyer Boyce Financial Management Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 106,969 shares of the company’s stock, valued at approximately $5,337,000. Vanguard Tax-Exempt Bond ETF accounts for 3.1% of Dickmeyer Boyce Financial Management Inc.’s holdings, making the stock its 9th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 653.8% during the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 425 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $25,000. Nepc LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $34,000. Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $37,000. Finally, Global Trust Asset Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 117.6% in the 1st quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock valued at $46,000 after purchasing an additional 500 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.51 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The company has a fifty day moving average price of $50.24 and a 200-day moving average price of $50.36.

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.