Prudential Financial Inc. Acquires 187,500 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Prudential Financial Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1,041.7% during the second quarter, HoldingsChannel reports. The firm owned 205,500 shares of the company’s stock after purchasing an additional 187,500 shares during the period. Prudential Financial Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,076,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wolff Wiese Magana LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after purchasing an additional 216 shares in the last quarter. Avalon Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $49,000. Clear Investment Research LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at approximately $50,000. Longview Financial Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $51,000. Finally, Pin Oak Investment Advisors Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $55,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

Shares of NYSEARCA VTEB opened at $50.54 on Friday. The firm’s 50 day simple moving average is $50.32 and its 200-day simple moving average is $49.42. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.09.

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.