Saxon Interests Inc. Invests $420,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Saxon Interests Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 8,228 shares of the company’s stock, valued at approximately $420,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. HM Payson & Co. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $32,000. Headlands Technologies LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $39,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $41,000. Planned Solutions Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $45,000. Finally, Fifth Third Bancorp boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,612.5% in the 3rd quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock worth $46,000 after buying an additional 903 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.01 on Thursday, hitting $50.60. The company’s stock had a trading volume of 4,401,052 shares, compared to its average volume of 3,974,785. The firm has a fifty day moving average price of $50.64 and a 200-day moving average price of $49.76. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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