Camden National Bank Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Camden National Bank bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 13,989 shares of the company’s stock, valued at approximately $704,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $25,000. United Financial Planning Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $37,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The stock’s fifty day moving average price is $50.10 and its 200-day moving average price is $50.35.

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.