Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Alhambra Investment Management LLC

Alhambra Investment Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 85.7% in the third quarter, Holdings Channel reports. The institutional investor owned 26,188 shares of the company’s stock after acquiring an additional 12,088 shares during the quarter. Alhambra Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VTEB. HB Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after buying an additional 7,552 shares in the last quarter. Eclectic Associates Inc. ADV boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 89.5% in the third quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock worth $2,547,000 after acquiring an additional 24,014 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $211,000. Allworth Financial LP increased its position in shares of Vanguard Tax-Exempt Bond ETF by 6.9% during the second quarter. Allworth Financial LP now owns 702,670 shares of the company’s stock worth $34,452,000 after purchasing an additional 45,524 shares in the last quarter. Finally, Alpha Cubed Investments LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 31.2% in the 2nd quarter. Alpha Cubed Investments LLC now owns 9,288 shares of the company’s stock valued at $455,000 after purchasing an additional 2,209 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.23 on Thursday. The stock’s fifty day moving average is $50.37 and its two-hundred day moving average is $49.62. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68.

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.