Towneley Capital Management Inc DE Has $15.76 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Towneley Capital Management Inc DE lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 317,590 shares of the company’s stock after purchasing an additional 22,050 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 3.7% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 10th largest holding. Towneley Capital Management Inc DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,759,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 29.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after buying an additional 108,101 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 42.5% during the fourth quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after acquiring an additional 1,044,587 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after acquiring an additional 1,116 shares during the last quarter. Hill Island Financial LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,061.7% in the 4th quarter. Hill Island Financial LLC now owns 63,418 shares of the company’s stock worth $3,179,000 after acquiring an additional 57,959 shares during the last quarter. Finally, Accredited Investors Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 57.7% in the 4th quarter. Accredited Investors Inc. now owns 8,333 shares of the company’s stock valued at $418,000 after acquiring an additional 3,049 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

VTEB stock opened at $48.61 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.17. The business has a 50-day simple moving average of $48.81 and a two-hundred day simple moving average of $49.72.

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.