Lexington Hill Partners LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Lexington Hill Partners LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.9% during the second quarter, HoldingsChannel.com reports. The fund owned 770,612 shares of the company’s stock after acquiring an additional 49,553 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 18.9% of Lexington Hill Partners LLC’s holdings, making the stock its 2nd largest holding. Lexington Hill Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $38,978,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VTEB. Rothschild Investment LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 653.8% in the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares during the period. JPL Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $25,000. Nepc LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $34,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $37,000. Finally, Arlington Trust Co LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $38,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $49.81 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.76 and a 12 month high of $51.18. The business has a 50-day moving average of $50.18 and a 200-day moving average of $50.29.

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.