Galvin Gaustad & Stein LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Galvin Gaustad & Stein LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.9% in the fourth quarter, Holdings Channel reports. The fund owned 67,311 shares of the company’s stock after purchasing an additional 1,891 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,374,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Bogart Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $41,000. Rise Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after purchasing an additional 771 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.96 on Thursday. The company has a 50-day simple moving average of $50.36 and a two-hundred day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

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.