Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Increased by ABLE Financial Group LLC

ABLE Financial Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 52.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 268,044 shares of the company’s stock after purchasing an additional 92,438 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 4.2% of ABLE Financial Group LLC’s portfolio, making the stock its 4th biggest position. ABLE Financial Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Oppenheimer & Co. Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 55.3% in the first quarter. Oppenheimer & Co. Inc. now owns 8,734 shares of the company’s stock valued at $442,000 after purchasing an additional 3,110 shares in the last quarter. Bernardo Wealth Planning LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $761,000. Facet Wealth Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 6.1% in the first quarter. Facet Wealth Inc. now owns 394,810 shares of the company’s stock valued at $19,784,000 after purchasing an additional 22,803 shares in the last quarter. Smithfield Trust Co boosted its holdings in Vanguard Tax-Exempt Bond ETF by 35.9% in the first quarter. Smithfield Trust Co now owns 250,670 shares of the company’s stock valued at $12,683,000 after purchasing an additional 66,264 shares in the last quarter. Finally, TCI Wealth Advisors Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $370,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock traded up $0.32 during trading hours on Friday, hitting $50.40. The stock had a trading volume of 4,346,825 shares, compared to its average volume of 4,018,802. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.44 and a twelve month high of $51.17. The stock’s 50 day moving average is $50.73 and its 200 day moving average is $50.43.

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.