Hsbc Holdings PLC Invests $578,000 in Vanguard Tax-Exempt Bond ETF $VTEB

Hsbc Holdings PLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) in the 4th quarter, Holdings Channel reports. The fund bought 11,497 shares of the company’s stock, valued at approximately $578,000.

Other large investors have also added to or reduced their stakes in the company. Rothschild Investment LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after buying an additional 425 shares during the period. JPL Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $25,000. Nepc LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $37,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of NYSEARCA VTEB opened at $50.16 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18. The stock’s 50-day simple moving average is $50.27 and its 200-day simple moving average is $50.37.

Vanguard Tax-Exempt Bond ETF Profile

(Free Report)

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.

Recommended Stories

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:VTEBFree Report).

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.