Baer Investment Advisory LLC Takes $608,000 Position in Vanguard Tax-Exempt Bond ETF $VTEB

Baer Investment Advisory LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,182 shares of the company’s stock, valued at approximately $608,000.

A number of other institutional investors also recently bought and sold shares of VTEB. Jane Street Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after acquiring an additional 175,676 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 510.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock worth $175,000 after acquiring an additional 2,990 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 79.0% during the 2nd quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock worth $542,000 after purchasing 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 2nd quarter worth about $1,001,000. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after purchasing an additional 1,364 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The firm’s 50-day moving average is $50.27 and its 200 day moving average is $50.36.

About Vanguard Tax-Exempt Bond ETF

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.