AMI Investment Management Inc. Buys 19,567 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

AMI Investment Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.5% during the 2nd quarter, Holdings Channel reports. The fund owned 189,954 shares of the company’s stock after purchasing an additional 19,567 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.4% of AMI Investment Management Inc.’s investment portfolio, making the stock its 10th largest position. AMI Investment Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Valmark Advisers Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 8.6% during the second quarter. Valmark Advisers Inc. now owns 154,270 shares of the company’s stock worth $7,564,000 after acquiring an additional 12,171 shares during the period. Financial Life Advisors grew its holdings in Vanguard Tax-Exempt Bond ETF by 4.5% during the second quarter. Financial Life Advisors now owns 77,170 shares of the company’s stock worth $3,784,000 after acquiring an additional 3,305 shares during the period. Lansing Street Advisors grew its holdings in Vanguard Tax-Exempt Bond ETF by 228.0% during the second quarter. Lansing Street Advisors now owns 38,938 shares of the company’s stock worth $1,909,000 after acquiring an additional 27,067 shares during the period. Winthrop Advisory Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 12.2% during the second quarter. Winthrop Advisory Group LLC now owns 205,578 shares of the company’s stock worth $10,079,000 after acquiring an additional 22,384 shares during the period. Finally, Colony Family Offices LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 15.6% during the second quarter. Colony Family Offices LLC now owns 389,555 shares of the company’s stock worth $19,100,000 after purchasing an additional 52,704 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of VTEB stock opened at $50.10 on Thursday. The business’s 50 day moving average is $49.43 and its two-hundred day moving average is $49.05. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09.

Vanguard Tax-Exempt Bond ETF Company 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.