Salomon & Ludwin LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 515,211 shares of the company’s stock after buying an additional 33,355 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 2.3% of Salomon & Ludwin LLC’s holdings, making the stock its 11th largest position. Salomon & Ludwin LLC owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $25,970,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPL Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $28,000. Lowe Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. United Financial Planning Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $37,000.
Vanguard Tax-Exempt Bond ETF Stock Down 0.2%
Shares of VTEB opened at $50.38 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.15 and a twelve month high of $51.18. The stock’s 50 day moving average is $50.38 and its two-hundred day moving average is $50.39.
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.
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