May Hill Capital LLC Buys 46,597 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

May Hill Capital LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 94.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 95,936 shares of the company’s stock after acquiring an additional 46,597 shares during the quarter. May Hill Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,825,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $25,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $28,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $37,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $49.83 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The company’s 50 day simple moving average is $50.18 and its 200-day simple moving average is $50.38.

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.