Vanguard Tax-Exempt Bond ETF $VTEB Stock Acquired by Liberty Capital Management Inc.

Liberty Capital Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 126.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 192,400 shares of the company’s stock after buying an additional 107,407 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.6% of Liberty Capital Management Inc.’s portfolio, making the stock its 18th largest holding. Liberty Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,112,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Winthrop Advisory Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 545.5% during the 3rd quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock worth $62,112,000 after purchasing an additional 1,108,297 shares during the last quarter. Orgel Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 21.4% in the third quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock worth $205,272,000 after acquiring an additional 763,337 shares during the period. Wealthfront Advisers LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the last quarter. Sei Investments Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares during the last quarter. Finally, Boston Standard Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $30,567,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.15 on Friday. The company’s 50 day simple moving average is $48.21 and its 200-day simple moving average is $49.73. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18.

About Vanguard Tax-Exempt Bond ETF

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.