Miracle Mile Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 177.5% in the first quarter, HoldingsChannel reports. The fund owned 158,813 shares of the company’s stock after purchasing an additional 101,584 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,880,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock valued at $23,585,000 after acquiring an additional 108,101 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 42.5% in the fourth quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock valued at $175,463,000 after acquiring an additional 1,044,587 shares during the period. D.A. Davidson & CO. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after buying an additional 1,116 shares during the period. Hill Island Financial LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,061.7% during the 4th quarter. Hill Island Financial LLC now owns 63,418 shares of the company’s stock worth $3,179,000 after buying an additional 57,959 shares during the period. Finally, Accredited Investors Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 57.7% during the 4th quarter. Accredited Investors Inc. now owns 8,333 shares of the company’s stock worth $418,000 after buying an additional 3,049 shares during the period.
Vanguard Tax-Exempt Bond ETF Stock Down 0.2%
Shares of VTEB stock opened at $48.61 on Friday. The stock has a 50 day simple moving average of $48.81 and a 200-day simple moving average of $49.71. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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