Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Mission Wealth Management LP

Mission Wealth Management LP boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.9% in the first quarter, Holdings Channel.com reports. The fund owned 12,433 shares of the company’s stock after buying an additional 2,316 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VTEB. LRI Investments LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.9% during the fourth quarter. LRI Investments LLC now owns 3,960 shares of the company’s stock worth $199,000 after acquiring an additional 219 shares during the period. First Affirmative Financial Network grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.5% during the first quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after buying an additional 245 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 2.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,326 shares of the company’s stock valued at $618,000 after purchasing an additional 247 shares during the last quarter. Silver Coast Investments LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.6% in the fourth quarter. Silver Coast Investments LLC now owns 10,150 shares of the company’s stock worth $509,000 after acquiring an additional 254 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.8% in the first quarter. First Citizens Bank & Trust Co. now owns 30,833 shares of the company’s stock valued at $1,530,000 after acquiring an additional 256 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $48.85 on Wednesday. The firm has a 50-day moving average of $48.78 and a two-hundred day moving average of $49.61. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17.

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.