Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Boosted by Capstone Capital LLC

Capstone Capital LLC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,991 shares of the company’s stock after acquiring an additional 5,658 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 7.0% of Capstone Capital LLC’s portfolio, making the stock its 5th biggest holding. Capstone Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,572,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Foster & Motley Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Foster & Motley Inc. now owns 265,416 shares of the company’s stock worth $13,305,000 after purchasing an additional 22,854 shares during the last quarter. Manning & Napier Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.7% in the 4th quarter. Manning & Napier Advisors LLC now owns 536,027 shares of the company’s stock valued at $26,871,000 after buying an additional 47,206 shares in the last quarter. Allen Capital Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after buying an additional 227 shares during the last quarter. HT Partners LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $11,047,000. Finally, Foster Victor Wealth Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF by 2.8% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 303,732 shares of the company’s stock valued at $15,168,000 after acquiring an additional 8,350 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.12 on Thursday. The firm has a 50 day moving average of $50.32 and a two-hundred day moving average of $50.55. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 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.