Concurrent Investment Advisors LLC Acquires 192,903 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Concurrent Investment Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.6% in the second quarter, Holdings Channel reports. The firm owned 474,158 shares of the company’s stock after purchasing an additional 192,903 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $23,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. High Net Worth Advisory Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.3% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 55,210 shares of the company’s stock worth $2,793,000 after purchasing an additional 8,938 shares during the period. Carter Financial Group INC. grew its position in Vanguard Tax-Exempt Bond ETF by 12.2% during the second quarter. Carter Financial Group INC. now owns 22,799 shares of the company’s stock valued at $1,153,000 after buying an additional 2,483 shares during the period. Greenspring Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 9.7% during the second quarter. Greenspring Advisors LLC now owns 31,971 shares of the company’s stock valued at $1,617,000 after buying an additional 2,821 shares during the period. Continuum Advisory LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 3.8% during the second quarter. Continuum Advisory LLC now owns 34,116 shares of the company’s stock worth $1,726,000 after buying an additional 1,244 shares during the last quarter. Finally, Coppell Advisory Solutions LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $223,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of VTEB stock opened at $48.86 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.85 and a 52 week high of $51.18. The firm’s 50-day simple moving average is $49.85 and its two-hundred day simple moving average is $50.14.

Vanguard Tax-Exempt Bond ETF Company 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.