Eastern Bank Takes $86,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Eastern Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, HoldingsChannel reports. The fund acquired 1,674 shares of the company’s stock, valued at approximately $86,000.

Other large investors have also recently made changes to their positions in the company. LRI Investments LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $172,000. Claro Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $393,000. Glassy Mountain Advisors Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 5.6% during the 2nd quarter. Glassy Mountain Advisors Inc. now owns 38,341 shares of the company’s stock valued at $1,921,000 after purchasing an additional 2,017 shares during the period. Calton & Associates Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 2nd quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after purchasing an additional 337 shares during the period. Finally, Souders Financial Advisors raised its stake in Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after purchasing an additional 2,095 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.33 on Friday. The business’s 50 day moving average is $50.82 and its 200 day moving average is $50.41. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.17.

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.