Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Holdings Lifted by Blume Capital Management Inc.

Blume Capital Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 242,192 shares of the company’s stock after buying an additional 17,550 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 3.2% of Blume Capital Management Inc.’s holdings, making the stock its 6th largest holding. Blume Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,364,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VTEB. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 411,117 shares of the company’s stock valued at $19,775,000 after buying an additional 68,288 shares during the last quarter. Shufro Rose & Co. LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $251,000. Chicago Partners Investment Group LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 4.4% during the third quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock worth $2,312,000 after purchasing an additional 2,063 shares during the last quarter. Advisor Partners II LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 469.5% during the third quarter. Advisor Partners II LLC now owns 42,403 shares of the company’s stock worth $2,040,000 after purchasing an additional 34,957 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 11.6% during the third quarter. Park Avenue Securities LLC now owns 89,102 shares of the company’s stock worth $4,286,000 after purchasing an additional 9,286 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB traded down $0.02 during trading hours on Thursday, hitting $50.24. 615,350 shares of the stock were exchanged, compared to its average volume of 4,118,320. The stock has a 50-day simple moving average of $50.29 and a 200-day simple moving average of $50.13. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15.

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.