Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Free Report) saw unusually-strong trading volume on Tuesday. 34,416,221 shares were traded during mid-day trading, an increase of 214% from the previous session’s volume of 10,964,962 shares. The stock last traded at $47.5630 and had previously closed at $47.38.
Vanguard Tax-Exempt Bond ETF Stock Up 0.4%
The stock’s 50 day moving average price is $48.65 and its two-hundred day moving average price is $49.63.
Institutional Investors Weigh In On Vanguard Tax-Exempt Bond ETF
Several hedge funds have recently added to or reduced their stakes in the business. Boston Standard Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $30,567,000. HB Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 40.4% during the second quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock worth $2,459,000 after acquiring an additional 13,980 shares during the period. Fiduciary Alliance LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $1,487,000. Focus Partners Wealth raised its position in Vanguard Tax-Exempt Bond ETF by 103.3% during the fourth quarter. Focus Partners Wealth now owns 1,093,931 shares of the company’s stock valued at $55,014,000 after acquiring an additional 555,828 shares in the last quarter. Finally, Lutz Financial Services LLC raised its position in Vanguard Tax-Exempt Bond ETF by 5.6% during the first quarter. Lutz Financial Services LLC now owns 1,569,663 shares of the company’s stock valued at $78,311,000 after acquiring an additional 82,868 shares in the last quarter.
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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