Apella Capital LLC Has $15.04 Million Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Apella Capital LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 300,051 shares of the company’s stock after selling 1,593 shares during the period. Apella Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,042,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. BOKF NA acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $62,000. Parallel Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 175.7% in the 2nd quarter. Parallel Advisors LLC now owns 8,979 shares of the company’s stock valued at $450,000 after acquiring an additional 5,722 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $229,000. Edgestream Partners L.P. bought a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $1,905,000. Finally, Firestone Capital Management raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.0% in the second quarter. Firestone Capital Management now owns 199,587 shares of the company’s stock worth $10,001,000 after purchasing an additional 18,123 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $49.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The stock’s 50 day moving average is $50.40 and its 200-day moving average is $50.56.

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.