Stevens Capital Partners Raises Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Stevens Capital Partners grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,547 shares of the company’s stock after purchasing an additional 14,420 shares during the quarter. Stevens Capital Partners’ holdings in Vanguard Tax-Exempt Bond ETF were worth $2,422,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VTEB. PFG Investments LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.3% in the fourth quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock worth $800,000 after buying an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock worth $481,000 after buying an additional 199 shares during the period. Jordan Park Trust Co LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after acquiring an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock valued at $257,000 after acquiring an additional 200 shares in the last quarter. Finally, Intrua Financial LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 3.8% during the 1st quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock valued at $272,000 after acquiring an additional 200 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

VTEB stock opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The business’s 50 day moving average price is $50.27 and its two-hundred day moving average price is $50.36.

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.