Joel Adams & Associates Inc. Has $9.44 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Joel Adams & Associates Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 189,142 shares of the company’s stock after purchasing an additional 38,884 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 7.0% of Joel Adams & Associates Inc.’s investment portfolio, making the stock its 5th biggest position. Joel Adams & Associates Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. RFG Advisory LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 48.9% in the first quarter. RFG Advisory LLC now owns 86,231 shares of the company’s stock worth $4,302,000 after acquiring an additional 28,302 shares during the last quarter. Provenance Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $196,000. Apella Capital LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the 1st quarter. Apella Capital LLC now owns 477,945 shares of the company’s stock valued at $24,112,000 after purchasing an additional 43,681 shares during the last quarter. Surience Private Wealth LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 629.8% during the 1st quarter. Surience Private Wealth LLC now owns 41,204 shares of the company’s stock valued at $2,056,000 after purchasing an additional 35,558 shares during the last quarter. Finally, Cora Capital Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 176.4% during the 1st quarter. Cora Capital Advisors LLC now owns 11,554 shares of the company’s stock worth $576,000 after purchasing an additional 7,374 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.49 on Thursday. The firm has a 50 day simple moving average of $50.25 and a 200 day simple moving average of $50.35. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year 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.