NewEdge Advisors LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

NewEdge Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 2.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 895,626 shares of the company’s stock after purchasing an additional 20,909 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $44,683,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bear Mountain Capital Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 418.3% in the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock worth $5,190,000 after purchasing an additional 82,764 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock valued at $281,599,000 after buying an additional 232,640 shares during the period. Broussard Financial Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $542,000. Valeo Financial Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 72.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 71,361 shares of the company’s stock worth $3,589,000 after buying an additional 30,068 shares in the last quarter. Finally, Koshinski Asset Management Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $1,001,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $49.67 on Friday. The firm has a 50 day moving average of $50.19 and a 200-day moving average of $50.29. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.76 and a 12 month high of $51.18.

Vanguard Tax-Exempt Bond ETF Company 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.

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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:VTEBFree Report).

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

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