Paragon Capital Management Ltd Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Paragon Capital Management Ltd boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 110,465 shares of the company’s stock after buying an additional 996 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.1% of Paragon Capital Management Ltd’s holdings, making the stock its 17th biggest position. Paragon Capital Management Ltd’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,647,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. United Advisor Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $1,341,000. Hobbs Group Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $3,157,000. Madison Wealth Partners Inc grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.9% in the 4th quarter. Madison Wealth Partners Inc now owns 12,617 shares of the company’s stock worth $644,000 after buying an additional 698 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $50,000. Finally, Prospect Financial Services LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $316,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.69 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.17. The firm has a fifty day simple moving average of $50.85 and a two-hundred day simple moving average of $50.39.

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.