Align Financial LLC Acquires New Shares in Vanguard Tax-Exempt Bond ETF $VTEB

Align Financial LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,921,078 shares of the company’s stock, valued at approximately $96,611,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 653.8% in the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares during the last quarter. JPL Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $25,000. United Financial Planning Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $29,000. Nepc LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $34,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $37,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

NYSEARCA VTEB opened at $50.29 on Thursday. The stock has a 50-day simple moving average of $50.22 and a 200 day simple moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18.

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.