Carter Financial LLC Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Carter Financial LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, HoldingsChannel.com reports. The fund bought 20,989 shares of the company’s stock, valued at approximately $1,056,000. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Carter Financial LLC’s holdings, making the stock its 10th largest position.

Several other institutional investors have also bought and sold shares of VTEB. Rothschild Investment LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 653.8% during the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $25,000. United Financial Planning Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Nepc LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $37,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.45 on Friday. 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 has a twelve month low of $48.46 and a twelve month 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.