Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Wedmont Private Capital

Wedmont Private Capital lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,215,658 shares of the company’s stock after buying an additional 154,000 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 3.2% of Wedmont Private Capital’s investment portfolio, making the stock its 8th largest holding. Wedmont Private Capital’s holdings in Vanguard Tax-Exempt Bond ETF were worth $60,430,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $29,000. Bogart Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $41,000. Rise Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after purchasing an additional 771 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC increased its position in Vanguard Tax-Exempt Bond ETF by 131.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after buying an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB traded down $0.14 on Monday, reaching $49.57. The company had a trading volume of 5,115,818 shares, compared to its average volume of 4,843,846. The stock has a 50-day moving average price of $50.43 and a 200 day moving average price of $50.57. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.54 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Company 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.