General Partner Inc. Takes $224,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

General Partner Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,460 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors have also added to or reduced their stakes in the company. Capasso Planning Partners LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 41.3% during the 3rd quarter. Capasso Planning Partners LLC now owns 23,696 shares of the company’s stock valued at $1,211,000 after buying an additional 6,926 shares in the last quarter. Beaird Harris Wealth Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.3% in the third quarter. Beaird Harris Wealth Management LLC now owns 949,499 shares of the company’s stock valued at $48,538,000 after acquiring an additional 56,472 shares during the period. Franklin Resources Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares in the last quarter. Synovus Financial Corp grew its stake in Vanguard Tax-Exempt Bond ETF by 102.3% during the third quarter. Synovus Financial Corp now owns 18,876 shares of the company’s stock valued at $965,000 after acquiring an additional 9,543 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $949,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

NYSEARCA:VTEB traded up $0.04 during trading hours on Friday, hitting $50.24. The stock had a trading volume of 498,371 shares, compared to its average volume of 2,248,966. The company has a 50 day simple moving average of $50.47 and a two-hundred day simple moving average of $50.58. Vanguard Tax-Exempt Bond ETF has a one year low of $49.54 and a one year high of $51.17.

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.