Galvin Gaustad & Stein LLC Grows Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Galvin Gaustad & Stein LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,717 shares of the company’s stock after purchasing an additional 10,522 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,090,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. HB Wealth Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd 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 period. Eclectic Associates Inc. ADV lifted its position in Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd 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 period. Sowell Financial Services LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $211,000. Allworth Financial LP increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.9% in the second quarter. Allworth Financial LP now owns 702,670 shares of the company’s stock valued at $34,452,000 after purchasing an additional 45,524 shares during the period. Finally, Alpha Cubed Investments LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 31.2% in the second 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 period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.46 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.68. The stock has a 50-day moving average price of $50.33 and a 200 day moving average price of $49.72.

Vanguard Tax-Exempt Bond ETF Company 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.