Janney Montgomery Scott LLC Grows Position in Vanguard Tax-Exempt Bond ETF $VTEB

Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 53.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,296 shares of the company’s stock after acquiring an additional 29,184 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,156,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PFG Investments LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock worth $800,000 after acquiring an additional 198 shares during the last quarter. Quantum Financial Planning Services Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock worth $481,000 after purchasing an additional 199 shares in the last quarter. Jordan Park Trust Co LLC boosted 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 purchasing an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock valued at $257,000 after purchasing an additional 200 shares during the last quarter. Finally, Planning Directions Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.1% during 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 during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.53 on Monday. The stock’s 50-day moving average is $50.27 and its 200 day moving average is $50.36. 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 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.