Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by American Financial & Tax Strategies Inc.

American Financial & Tax Strategies Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% in the second quarter, Holdings Channel.com reports. The fund owned 119,525 shares of the company’s stock after buying an additional 8,608 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 3.0% of American Financial & Tax Strategies Inc.’s investment portfolio, making the stock its 8th largest position. American Financial & Tax Strategies Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,860,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth $592,000. Oppenheimer & Co. Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 20.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock worth $734,000 after buying an additional 2,471 shares during the last quarter. Capital Advisors Wealth Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.9% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 85,001 shares of the company’s stock worth $4,218,000 after buying an additional 7,627 shares during the last quarter. TBH Global Asset Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 188.1% during the 1st quarter. TBH Global Asset Management LLC now owns 15,797 shares of the company’s stock worth $784,000 after buying an additional 10,313 shares during the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 32.4% during the 1st quarter. Root Financial Partners LLC now owns 17,570 shares of the company’s stock worth $872,000 after buying an additional 4,298 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA:VTEB opened at $50.57 on Monday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.09. The stock has a fifty day simple moving average of $49.80 and a 200-day simple moving average of $49.14.

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.