Asset Allocation Strategies LLC Invests $1.33 Million in Vanguard Tax-Exempt Bond ETF $VTEB

Asset Allocation Strategies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the first quarter, Holdings Channel.com reports. The fund purchased 26,574 shares of the company’s stock, valued at approximately $1,326,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTEB. PFG Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% in the fourth quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after buying an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock worth $481,000 after acquiring an additional 199 shares in the last quarter. Jordan Park Trust Co LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock worth $584,000 after acquiring an additional 200 shares during the period. Bridgewealth Advisory Group LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after acquiring an additional 200 shares during the period. Finally, Planning Directions Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 1.1% in the 4th quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock valued at $933,000 after purchasing an additional 207 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.56 on Monday. The stock has a fifty day moving average price of $50.26 and a 200 day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.

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.