Accelerate Investment Advisors LLC Takes $354,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Accelerate Investment Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,918 shares of the company’s stock, valued at approximately $354,000.

Several other institutional investors have also modified their holdings of VTEB. Naples Money Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter worth approximately $34,000. Verus Capital Partners LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $36,000. Trust Co. of Vermont acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $37,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $41,000. Finally, City State Bank acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.69 on Monday. The company’s 50 day simple moving average is $50.85 and its two-hundred day simple moving average is $50.39. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-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.