Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Slow Capital Inc.

Slow Capital Inc. lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1,959.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 280,438 shares of the company’s stock after purchasing an additional 266,822 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 1.5% of Slow Capital Inc.’s portfolio, making the stock its 16th biggest holding. Slow Capital Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,282,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VTEB. Arlington Trust Co LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at $38,000. Farmers & Merchants Investments Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $40,000. Global Trust Asset Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 117.6% in the first quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock valued at $46,000 after acquiring an additional 500 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $49,000. Finally, Trust Co. of Vermont bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $48.51 on Monday. The company has a 50-day moving average price of $48.33 and a 200-day moving average price of $49.52. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.87 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.