Sage Mountain Advisors LLC Purchases 91,659 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Sage Mountain Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 501.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,936 shares of the company’s stock after purchasing an additional 91,659 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,505,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VTEB. Root Financial Partners LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% in the third quarter. Root Financial Partners LLC now owns 28,137 shares of the company’s stock worth $1,409,000 after buying an additional 1,515 shares during the period. Lee Danner & Bass Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $228,000. Arkadios Wealth Advisors increased its stake in Vanguard Tax-Exempt Bond ETF by 21.8% in the third quarter. Arkadios Wealth Advisors now owns 24,294 shares of the company’s stock worth $1,216,000 after purchasing an additional 4,340 shares during the period. Stewardship Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.3% during the third quarter. Stewardship Advisors LLC now owns 253,400 shares of the company’s stock worth $12,688,000 after purchasing an additional 5,610 shares during the last quarter. Finally, HHM Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.9% during the third quarter. HHM Wealth Advisors LLC now owns 36,029 shares of the company’s stock valued at $1,804,000 after purchasing an additional 1,369 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.51 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.68. The company’s 50-day moving average price is $50.36 and its 200-day moving average price is $49.82.

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.