Verdence Capital Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 6.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,202 shares of the company’s stock after acquiring an additional 1,778 shares during the period. Verdence Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,449,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Valley National Advisers Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at $25,000. IMG Wealth Management Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter worth $27,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $27,000. Oarsman Capital Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $28,000. Finally, Nemes Rush Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,238.3% in the 4th quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after acquiring an additional 582 shares during the last quarter.
Vanguard Tax-Exempt Bond ETF Stock Performance
Shares of NYSEARCA:VTEB opened at $48.57 on Friday. The business has a 50-day moving average price of $48.84 and a 200-day moving average price of $49.37. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.17.
About Vanguard Tax-Exempt Bond ETF
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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