Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Free Report) shares saw an uptick in trading volume on Wednesday . Approximately 24,388,890 shares traded hands during mid-day trading, an increase of 190% from the previous session’s volume of 8,416,829 shares.The stock last traded at $48.2250 and had previously closed at $48.22.
Vanguard Tax-Exempt Bond ETF Price Performance
The business’s 50-day simple moving average is $49.54 and its two-hundred day simple moving average is $50.01.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Cherry Tree Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.7% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 153,195 shares of the company’s stock worth $7,749,000 after purchasing an additional 8,281 shares during the last quarter. Bouchey Financial Group Ltd. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 2nd quarter. Bouchey Financial Group Ltd. now owns 24,709 shares of the company’s stock valued at $1,250,000 after buying an additional 1,157 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 12.3% during the second quarter. Sequoia Financial Advisors LLC now owns 2,073,127 shares of the company’s stock worth $104,859,000 after buying an additional 226,758 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $11,133,000. Finally, Cahill Financial Advisors Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.3% in the second quarter. Cahill Financial Advisors Inc. now owns 55,811 shares of the company’s stock worth $2,823,000 after buying an additional 9,016 shares during the last quarter.
Vanguard Tax-Exempt Bond ETF Company 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.
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