Hsbc Holdings PLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,497 shares of the company’s stock, valued at approximately $578,000.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 18.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after acquiring an additional 23,425 shares in the last quarter. Bear Mountain Capital Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 418.3% during the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after acquiring an additional 82,764 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 4.3% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock worth $281,599,000 after purchasing an additional 232,640 shares during the period. Apella Capital LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 11.5% during the 4th quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock worth $21,839,000 after purchasing an additional 44,649 shares during the period. Finally, Master S Wealth Management Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $4,104,000.
Vanguard Tax-Exempt Bond ETF Trading Down 0.1%
Shares of NYSEARCA VTEB opened at $50.16 on Friday. The stock has a fifty day moving average price of $50.27 and a 200 day moving average price of $50.37. 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.
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