McAdam LLC Purchases 15,009 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

McAdam LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 128,745 shares of the company’s stock after purchasing an additional 15,009 shares during the quarter. McAdam LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,572,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stone Point Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the fourth quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock valued at $1,551,000 after buying an additional 723 shares during the period. Boyd Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.4% during the fourth quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock valued at $1,737,000 after buying an additional 2,049 shares during the period. Mariner LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the third quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock valued at $124,948,000 after buying an additional 135,766 shares during the period. Chicago Partners Investment Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 4.4% in the third quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock worth $2,312,000 after purchasing an additional 2,063 shares during the period. Finally, Gradient Investments LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 270.3% in the third quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock worth $176,000 after purchasing an additional 2,673 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock traded up $0.09 during midday trading on Monday, hitting $49.88. The stock had a trading volume of 1,403,223 shares, compared to its average volume of 4,116,234. The business has a 50-day moving average of $50.39 and a two-hundred day moving average of $50.02. 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.