Global Strategic Investment Solutions LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 614.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 571,274 shares of the company’s stock after buying an additional 491,333 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 3.0% of Global Strategic Investment Solutions LLC’s portfolio, making the stock its 10th largest position. Global Strategic Investment Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $28,010,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $27,000. IMG Wealth Management Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $27,000. Wolff Wiese Magana LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares during the last quarter. Finally, Rossby Financial LCC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $35,000.
Vanguard Tax-Exempt Bond ETF Stock Performance
NYSEARCA VTEB opened at $49.98 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.09. The company has a 50-day simple moving average of $49.34 and a 200 day simple moving average of $49.04.
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.
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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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