PFW Advisors LLC Purchases New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

PFW Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 20,717 shares of the company’s stock, valued at approximately $1,039,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTEB. Captrust Financial Advisors increased its position in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock worth $15,064,000 after purchasing an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $103,000. Souders Financial Advisors increased its holdings in Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after buying an additional 2,095 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 725,620 shares of the company’s stock valued at $36,361,000 after buying an additional 30,328 shares in the last quarter. Finally, Global Wealth Strategies & Associates lifted its holdings in Vanguard Tax-Exempt Bond ETF by 18,120.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 3,644 shares of the company’s stock worth $186,000 after buying an additional 3,624 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded down $0.11 during trading on Monday, reaching $49.60. The stock had a trading volume of 7,767,538 shares, compared to its average volume of 5,245,849. Vanguard Tax-Exempt Bond ETF has a one year low of $49.52 and a one year high of $51.17. The firm’s 50 day moving average price is $50.43 and its two-hundred day moving average price is $50.57.

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.