Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Scott Capital Advisors LLC

Scott Capital Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.0% in the third quarter, Holdings Channel reports. The institutional investor owned 12,943 shares of the company’s stock after acquiring an additional 1,285 shares during the quarter. Scott Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEB. Naples Money Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $34,000. Verus Capital Partners LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $36,000. Trust Co. of Vermont purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $37,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $41,000. Finally, Voisard Asset Management Group Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $50,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB traded down $0.04 during mid-day trading on Friday, reaching $50.69. 185,422 shares of the company were exchanged, compared to its average volume of 3,930,259. The firm’s 50-day simple moving average is $50.85 and its 200 day simple moving average is $50.39. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.17.

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.