Penney Financial LLC Acquires 25,408 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Penney Financial LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 87.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,532 shares of the company’s stock after acquiring an additional 25,408 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.4% of Penney Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Penney Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,674,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. HB Wealth Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after buying an additional 7,552 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $211,000. Millennium Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 75.8% during the 4th quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock worth $480,000 after buying an additional 4,128 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $222,000. Finally, Vanguard Group Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock worth $187,078,000 after buying an additional 270,058 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.07 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09. The company’s 50 day moving average price is $49.40 and its two-hundred day moving average price is $49.04.

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.