Peak Financial Management Inc. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Peak Financial Management Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 4,380 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds have also recently made changes to their positions in VTEB. Bank of New York Mellon Corp grew its position in Vanguard Tax-Exempt Bond ETF by 144.4% in the first quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock worth $13,776,000 after acquiring an additional 157,887 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 81.6% during the first quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock valued at $2,940,000 after acquiring an additional 25,628 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.2% during the first quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock valued at $1,540,000 after acquiring an additional 3,010 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.7% during the first quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock valued at $1,356,000 after acquiring an additional 2,756 shares during the last quarter. Finally, AJ Wealth Strategies LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at about $3,989,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

Shares of NYSEARCA VTEB opened at $50.60 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15. The company’s 50-day moving average is $50.64 and its 200 day moving average is $49.76.

Vanguard Tax-Exempt Bond ETF Company 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.