CX Institutional Boosts Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

CX Institutional increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 564,405 shares of the company’s stock after buying an additional 22,442 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 0.8% of CX Institutional’s portfolio, making the stock its 28th biggest position. CX Institutional’s holdings in Vanguard Tax-Exempt Bond ETF were worth $28,384,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTEB. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $25,000. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $28,000. United Financial Planning Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $37,000. Finally, Bogart Wealth LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 41.9% during the 3rd quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after purchasing an additional 279 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3%

Shares of VTEB opened at $50.17 on Friday. The business’s fifty day simple moving average is $50.33 and its two-hundred day simple moving average is $50.41. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18.

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.