Newton One Investments LLC Buys 13,992 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Newton One Investments LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% during the 1st quarter, HoldingsChannel reports. The firm owned 302,477 shares of the company’s stock after acquiring an additional 13,992 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 4.1% of Newton One Investments LLC’s holdings, making the stock its 9th biggest holding. Newton One Investments LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,091,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VTEB. James Investment Research Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.8% in the 1st quarter. James Investment Research Inc. now owns 24,791 shares of the company’s stock valued at $1,237,000 after buying an additional 208 shares in the last quarter. DeLarme Wealth Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 14.6% during the first quarter. DeLarme Wealth Management Inc. now owns 37,507 shares of the company’s stock worth $1,871,000 after acquiring an additional 4,792 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 64,823 shares of the company’s stock valued at $3,234,000 after acquiring an additional 2,938 shares during the period. Global Trust Asset Management LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 117.6% during 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. Finally, Equita Financial Network Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 22.3% in the 1st quarter. Equita Financial Network Inc. now owns 91,087 shares of the company’s stock valued at $4,544,000 after purchasing an additional 16,615 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.47 on Thursday. The company’s fifty day moving average is $50.27 and its 200-day moving average is $50.36. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

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.