Vanguard Tax-Exempt Bond ETF $VTEB Stock: Winthrop Advisory Group LLC Raises Holdings

Winthrop Advisory Group LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 545.5% during the third quarter, HoldingsChannel reports. The firm owned 1,311,481 shares of the company’s stock after purchasing an additional 1,108,297 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 3.8% of Winthrop Advisory Group LLC’s investment portfolio, making the stock its 9th largest holding. Winthrop Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $62,112,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VTEB. Farmers & Merchants Investments Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $40,000. Stordahl Capital Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.9% in the third quarter. Stordahl Capital Management Inc. now owns 13,347 shares of the company’s stock valued at $632,000 after purchasing an additional 504 shares during the period. Capital Investment Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $294,000. Wedbush Securities Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $2,211,000. Finally, Christensen King & Associates Investment Services Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 44.5% in the third quarter. Christensen King & Associates Investment Services Inc. now owns 10,415 shares of the company’s stock valued at $493,000 after purchasing an additional 3,207 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.10 during trading on Friday, hitting $48.51. The company’s stock had a trading volume of 23,400,050 shares, compared to its average volume of 11,692,141. The stock’s fifty day moving average is $48.33 and its 200 day moving average is $49.52. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-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.