Financial Strategies Group Inc. Buys 2,651 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Strategies Group Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,882 shares of the company’s stock after purchasing an additional 2,651 shares during the period. Financial Strategies Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $947,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VTEB. GAMMA Investing LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $29,000. Capital Analysts LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares in the last quarter. Trust Co. of Vermont bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $37,000. Planned Solutions Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $45,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $46,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.14 during trading on Tuesday, reaching $50.07. The stock had a trading volume of 3,029,487 shares, compared to its average volume of 4,151,381. The stock has a fifty day moving average price of $50.04 and a two-hundred day moving average price of $50.41. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.15.

About Vanguard Tax-Exempt Bond ETF

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.