Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 231,247 shares of the company’s stock after buying an additional 94,367 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.3% of Hanson & Doremus Investment Management’s portfolio, making the stock its 16th biggest position. Hanson & Doremus Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,537,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VTEB. Jane Street Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1,498.4% in the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after purchasing an additional 175,676 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 510.2% during the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock worth $175,000 after buying an additional 2,990 shares during the period. First Trust Advisors LP boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 79.0% during the second quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock worth $542,000 after buying an additional 4,878 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $1,001,000. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.9% during the second quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after buying an additional 1,364 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.44 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18. The stock’s 50-day moving average price is $50.24 and its 200 day moving average price is $50.34.

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.