First Heartland Consultants Inc. Increases Stake in Vanguard Tax-Exempt Bond ETF $VTEB

First Heartland Consultants Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 103.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 77,904 shares of the company’s stock after buying an additional 39,536 shares during the quarter. First Heartland Consultants Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,940,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Broussard Financial Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $542,000. Valeo Financial Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 72.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 71,361 shares of the company’s stock valued at $3,589,000 after buying an additional 30,068 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $1,001,000. Hudson Oak Wealth Advisory LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $1,565,000. Finally, First Horizon Corp boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the 4th quarter. First Horizon Corp now owns 330,757 shares of the company’s stock worth $16,634,000 after acquiring an additional 10,226 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3%

NYSEARCA:VTEB opened at $49.81 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.76 and a 1 year high of $51.18. The stock has a 50-day simple moving average of $50.18 and a 200-day simple moving average of $50.29.

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.