Stonehearth Capital Management LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Stonehearth Capital Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 24,216 shares of the company’s stock, valued at approximately $1,147,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares in the last quarter. Bank of America Corp DE raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after purchasing an additional 594,110 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the period. Finally, Corient Private Wealth LP raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the second quarter. Corient Private Wealth LP now owns 4,537,521 shares of the company’s stock worth $229,508,000 after purchasing an additional 54,932 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.6%

NYSEARCA:VTEB opened at $47.65 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18. The business’s 50-day simple moving average is $48.61 and its 200-day simple moving average is $49.62.

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.