Sovereign Financial Group Inc. Buys 654 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Sovereign Financial Group Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 13.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,538 shares of the company’s stock after purchasing an additional 654 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $272,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Valley National Advisers Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $25,000. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $27,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $27,000. Wolff Wiese Magana LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the period. Finally, Rossby Financial LCC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $35,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.22 on Monday. The company’s 50 day moving average is $49.48 and its 200-day moving average is $49.05. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09.

Vanguard Tax-Exempt Bond ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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