Penobscot Wealth Management Raises Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Penobscot Wealth Management lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,492 shares of the company’s stock after acquiring an additional 414 shares during the period. Penobscot Wealth Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $326,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Per Stirling Capital Management LLC. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock worth $5,410,000 after buying an additional 480 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.8% in the fourth quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock valued at $3,592,000 after purchasing an additional 4,458 shares during the period. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $47,000. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 55,857 shares of the company’s stock worth $2,851,000 after purchasing an additional 7,066 shares during the period. Finally, Brandywine Oak Private Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.0% in the 4th quarter. Brandywine Oak Private Wealth LLC now owns 107,747 shares of the company’s stock valued at $5,500,000 after buying an additional 3,165 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Vanguard Tax-Exempt Bond ETF stock traded down $0.06 during trading hours on Friday, reaching $50.66. 2,601,599 shares of the stock were exchanged, compared to its average volume of 4,019,859. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The firm’s 50 day moving average is $50.50 and its 200 day moving average is $50.34.

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.