Rockefeller Capital Management L.P. Raises Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Rockefeller Capital Management L.P. grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 196,815 shares of the company’s stock after purchasing an additional 33,035 shares during the period. Rockefeller Capital Management L.P.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,898,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. PFG Investments LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 1.3% in the fourth quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after acquiring an additional 198 shares during the last quarter. Quantum Financial Planning Services Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 2.1% in the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after acquiring an additional 199 shares in the last quarter. Jordan Park Trust Co LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the fourth quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock worth $584,000 after purchasing an additional 200 shares during the last quarter. Bridgewealth Advisory Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after purchasing an additional 200 shares in the last quarter. Finally, Planning Directions Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.1% during the fourth quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock worth $933,000 after purchasing an additional 207 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.49 on Thursday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The stock has a 50-day simple moving average of $50.25 and a 200-day simple moving average of $50.35.

Vanguard Tax-Exempt Bond ETF Company 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.