Kestra Investment Management LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 12.5% during the third quarter, Holdings Channel reports. The firm owned 1,288,503 shares of the company’s stock after acquiring an additional 143,615 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.2% of Kestra Investment Management LLC’s portfolio, making the stock its 27th largest position. Kestra Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $61,024,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of the company. Arlington Trust Co LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $38,000. Farmers & Merchants Investments Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $40,000. Legacy Wealth Managment LLC ID acquired a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $49,000. Trust Co. of Vermont acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $50,000. Finally, Asset Dedication LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $51,000.
Vanguard Tax-Exempt Bond ETF Price Performance
VTEB opened at $49.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $46.87 and a 12-month high of $51.18. The firm has a 50 day moving average of $48.20 and a two-hundred day moving average of $49.71.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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