Clearwater Capital Advisors LLC Takes $204,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Clearwater Capital Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,990 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $29,000. HM Payson & Co. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $32,000. Capital Analysts LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% during the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after purchasing an additional 376 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $39,000. Finally, Planned Solutions Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $45,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB remained flat at $50.26 during mid-day trading on Wednesday. 2,769,348 shares of the company traded hands, compared to its average volume of 4,160,943. The company has a 50-day moving average price of $50.29 and a two-hundred day moving average price of $50.13. 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 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.