Fiduciary Alliance LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Fiduciary Alliance LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,584 shares of the company’s stock, valued at approximately $1,487,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kestra Private Wealth Services LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 10.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 243,460 shares of the company’s stock valued at $12,146,000 after acquiring an additional 23,853 shares in the last quarter. Leeward Financial Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.0% in the 1st quarter. Leeward Financial Partners LLC now owns 43,683 shares of the company’s stock worth $2,179,000 after acquiring an additional 850 shares in the last quarter. 25 LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.3% in the first quarter. 25 LLC now owns 162,394 shares of the company’s stock valued at $8,102,000 after purchasing an additional 17,831 shares during the last quarter. Cardinal Point Capital Management ULC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $10,986,000. Finally, Joel Adams & Associates Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 25.9% during the first quarter. Joel Adams & Associates Inc. now owns 189,142 shares of the company’s stock valued at $9,436,000 after purchasing an additional 38,884 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The firm’s 50-day simple moving average is $50.25 and its 200 day simple moving average is $50.35.

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.