Mitchell Mcleod Pugh & Williams Inc. Increases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mitchell Mcleod Pugh & Williams Inc. increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,827 shares of the company’s stock after acquiring an additional 5,397 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP lifted its stake in Vanguard Tax-Exempt Bond ETF by 16.2% in the third quarter. Baker Avenue Asset Management LP now owns 73,593 shares of the company’s stock worth $3,762,000 after purchasing an additional 10,287 shares during the last quarter. Disciplined Investments LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 13.0% in the third quarter. Disciplined Investments LLC now owns 8,107 shares of the company’s stock worth $414,000 after purchasing an additional 934 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 6.8% in the third quarter. Axxcess Wealth Management LLC now owns 116,669 shares of the company’s stock worth $5,964,000 after purchasing an additional 7,380 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 128.7% in the third quarter. Mesirow Financial Investment Management Inc. now owns 40,128 shares of the company’s stock worth $2,051,000 after purchasing an additional 22,580 shares during the last quarter. Finally, XML Financial LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.9% in the third quarter. XML Financial LLC now owns 156,657 shares of the company’s stock worth $8,008,000 after purchasing an additional 1,443 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.46 during mid-day trading on Friday, hitting $50.54. The company’s stock had a trading volume of 12,092,760 shares, compared to its average volume of 4,056,553. The business has a 50 day moving average price of $50.73 and a 200-day moving average price of $50.44. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.44 and a 12 month high of $51.17.

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.