Lido Advisors LLC Buys New Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Lido Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 291,470 shares of the company’s stock, valued at approximately $13,804,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keybank National Association OH boosted its holdings in Vanguard Tax-Exempt Bond ETF by 46.3% during the 3rd quarter. Keybank National Association OH now owns 299,004 shares of the company’s stock valued at $14,161,000 after acquiring an additional 94,591 shares during the period. Csenge Advisory Group increased its stake in Vanguard Tax-Exempt Bond ETF by 27.1% during the third quarter. Csenge Advisory Group now owns 87,733 shares of the company’s stock worth $4,155,000 after purchasing an additional 18,698 shares during the period. Global Wealth Management Investment Advisory Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.5% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 9,287 shares of the company’s stock worth $440,000 after purchasing an additional 310 shares during the period. Altiora Financial Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 31.4% during the third quarter. Altiora Financial Group LLC now owns 418,565 shares of the company’s stock worth $19,823,000 after purchasing an additional 99,927 shares during the period. Finally, Kestra Investment Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.5% during the third quarter. Kestra Investment Management LLC now owns 1,288,503 shares of the company’s stock worth $61,024,000 after purchasing an additional 143,615 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.19 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18. The company’s 50-day simple moving average is $48.20 and its 200-day simple moving average is $49.70.

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.