Stephens Inc. AR Acquires 41,017 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Stephens Inc. AR grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 49.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 124,115 shares of the company’s stock after purchasing an additional 41,017 shares during the period. Stephens Inc. AR’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,242,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans lifted its position in Vanguard Tax-Exempt Bond ETF by 85.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 150,260 shares of the company’s stock worth $7,555,000 after buying an additional 69,304 shares in the last quarter. Allworth Financial LP lifted its position in Vanguard Tax-Exempt Bond ETF by 8.0% during the 4th quarter. Allworth Financial LP now owns 806,676 shares of the company’s stock worth $40,568,000 after buying an additional 59,792 shares in the last quarter. Atria Investments Inc lifted its position in Vanguard Tax-Exempt Bond ETF by 1.0% during the 4th quarter. Atria Investments Inc now owns 75,929 shares of the company’s stock worth $3,818,000 after buying an additional 761 shares in the last quarter. Navalign LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 9.6% during the 4th quarter. Navalign LLC now owns 34,489 shares of the company’s stock worth $1,734,000 after buying an additional 3,028 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after buying an additional 200 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.83 on Monday. The firm’s 50-day moving average is $50.18 and its 200-day moving average is $50.38. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

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.