Brookstone Capital Management Raises Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Brookstone Capital Management boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.8% during the first quarter, Holdings Channel reports. The firm owned 561,677 shares of the company’s stock after purchasing an additional 54,933 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $28,022,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTEB. Rothschild Investment LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring 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 3rd quarter worth $25,000. United Financial Planning Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $29,000. Nepc LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $34,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.45 on Monday. The stock has a 50-day simple moving average of $50.24 and a two-hundred day simple moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

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.