TFB Advisors LLC Acquires 32,700 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

TFB Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the third quarter, Holdings Channel.com reports. The fund acquired 32,700 shares of the company’s stock, valued at approximately $1,549,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Boston Standard Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $30,567,000. AMI Investment Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 27.5% during the third quarter. AMI Investment Management Inc. now owns 242,518 shares of the company’s stock valued at $11,486,000 after acquiring an additional 52,342 shares in the last quarter. HB Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 40.4% in the 2nd quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock valued at $2,459,000 after purchasing an additional 13,980 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 7.9% in the 2nd quarter. NewEdge Advisors LLC now owns 966,651 shares of the company’s stock valued at $48,893,000 after purchasing an additional 71,025 shares during the last quarter. Finally, Wedmont Private Capital raised its position in shares of Vanguard Tax-Exempt Bond ETF by 36.5% in the 2nd quarter. Wedmont Private Capital now owns 2,167,958 shares of the company’s stock valued at $109,135,000 after purchasing an additional 580,171 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4%

VTEB stock opened at $49.15 on Friday. The firm has a 50 day moving average of $48.21 and a 200 day moving average of $49.73. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 and a 52 week 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.