Steph & Co. Buys 21,733 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Steph & Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,726 shares of the company’s stock after buying an additional 21,733 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 1.0% of Steph & Co.’s portfolio, making the stock its 21st biggest position. Steph & Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,871,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Dominguez Wealth Management Solutions Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $384,000. Boston Standard Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $30,567,000. SigFig Wealth Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 12.9% in the third quarter. SigFig Wealth Management LLC now owns 90,356 shares of the company’s stock worth $4,279,000 after purchasing an additional 10,301 shares during the period. Weaver Consulting Group acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth $294,000. Finally, Moody National Bank Trust Division boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the third quarter. Moody National Bank Trust Division now owns 157,974 shares of the company’s stock worth $7,482,000 after purchasing an additional 6,505 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock traded down $0.27 on Wednesday, hitting $47.06. The stock had a trading volume of 37,668,174 shares, compared to its average volume of 10,537,647. Vanguard Tax-Exempt Bond ETF has a twelve month low of $46.89 and a twelve month high of $51.18. The company has a fifty day moving average price of $48.78 and a two-hundred day moving average price of $49.69.

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.