Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.7% in the first quarter, Holdings Channel.com reports. The fund owned 1,100,409 shares of the company’s stock after purchasing an additional 59,810 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 5.7% of Meeder Advisory Services Inc.’s holdings, making the stock its 2nd largest holding. Meeder Advisory Services Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $55,681,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Meeder Asset Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 7.2% during the 1st quarter. Meeder Asset Management Inc. now owns 106,151 shares of the company’s stock worth $5,371,000 after purchasing an additional 7,146 shares during the last quarter. White Lighthouse Investment Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 2.6% during the 1st quarter. White Lighthouse Investment Management Inc. now owns 27,598 shares of the company’s stock worth $1,396,000 after purchasing an additional 700 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the 1st quarter. Concurrent Investment Advisors LLC now owns 90,047 shares of the company’s stock worth $4,556,000 after purchasing an additional 8,250 shares during the last quarter. Atomi Financial Group Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 43.4% during the 1st quarter. Atomi Financial Group Inc. now owns 84,338 shares of the company’s stock worth $4,268,000 after purchasing an additional 25,532 shares during the last quarter. Finally, Montag A & Associates Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 7.3% during the 1st quarter. Montag A & Associates Inc. now owns 17,647 shares of the company’s stock worth $893,000 after purchasing an additional 1,207 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

VTEB stock traded down $0.06 during midday trading on Monday, hitting $50.43. The stock had a trading volume of 3,131,212 shares, compared to its average volume of 4,076,496. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15. The company’s 50-day moving average price is $50.11 and its 200 day moving average price is $50.37.

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.