Clark Asset Management LLC Purchases 672 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Clark Asset Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 293,331 shares of the company’s stock after purchasing an additional 672 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 2.0% of Clark Asset Management LLC’s holdings, making the stock its 14th biggest position. Clark Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,382,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. GAMMA Investing LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $592,000. Oppenheimer & Co. Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 20.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock worth $734,000 after purchasing an additional 2,471 shares during the last quarter. Hills Bank & Trust Co raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.9% during the 1st quarter. Hills Bank & Trust Co now owns 14,889 shares of the company’s stock worth $739,000 after purchasing an additional 278 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 24.2% during the 1st quarter. Washington Trust Advisors Inc. now owns 56,422 shares of the company’s stock worth $2,800,000 after purchasing an additional 11,004 shares during the last quarter. Finally, Valley National Advisers Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $25,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.58 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09. The business has a 50-day moving average price of $49.83 and a two-hundred day moving average price of $49.16.

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.