Salomon & Ludwin LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 546,685 shares of the company’s stock after buying an additional 10,589 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 2.6% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 11th largest holding. Salomon & Ludwin LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $26,777,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. HB Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after acquiring an additional 7,552 shares during the last quarter. Sowell Financial Services LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $211,000. Kingswood Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $222,000. Vanguard Group Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after buying an additional 270,058 shares during the period. Finally, AE Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 8.7% in the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after buying an additional 897 shares during the period.
Vanguard Tax-Exempt Bond ETF Price Performance
NYSEARCA:VTEB opened at $50.50 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09. The business’s 50-day moving average price is $49.64 and its two-hundred day moving average price is $49.09.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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