Manning & Napier Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 517,607 shares of the company’s stock, valued at approximately $25,937,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $29,000. Capital Analysts LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after acquiring an additional 376 shares during the period. Naples Money Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $34,000. Trust Co. of Vermont acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $37,000. Finally, Eagle Bay Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $46,000.
Vanguard Tax-Exempt Bond ETF Price Performance
Shares of VTEB traded up $0.08 on Friday, hitting $50.60. The company’s stock had a trading volume of 3,201,999 shares, compared to its average volume of 4,124,268. The firm’s fifty day moving average price is $50.31 and its 200-day moving average price is $50.33. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15.
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.
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