Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Savvy Advisors Inc.

Savvy Advisors Inc. boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 380.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 53,644 shares of the company’s stock after acquiring an additional 42,488 shares during the period. Savvy Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,689,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Summit Investment Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 2.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,526 shares of the company’s stock valued at $778,000 after purchasing an additional 426 shares during the period. Bragg Financial Advisors Inc boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. Bragg Financial Advisors Inc now owns 540,612 shares of the company’s stock worth $27,101,000 after buying an additional 27,582 shares during the last quarter. BTG Pactual Asset Management US LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 29.7% in the 4th quarter. BTG Pactual Asset Management US LLC now owns 18,701 shares of the company’s stock valued at $931,000 after buying an additional 4,278 shares during the period. Sagespring Wealth Partners LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $43,310,000. Finally, Townsquare Capital LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 22.4% during the 4th quarter. Townsquare Capital LLC now owns 118,869 shares of the company’s stock valued at $5,959,000 after acquiring an additional 21,750 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $48.13 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.17. The company’s 50 day simple moving average is $49.79 and its 200 day simple moving average is $50.20.

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.