Wealth Management Resources Inc. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wealth Management Resources Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,000 shares of the company’s stock, valued at approximately $810,000.

Several other hedge funds also recently modified their holdings of VTEB. GAMMA Investing LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $29,000. Capital Analysts LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after purchasing an additional 376 shares during the period. Trust Co. of Vermont bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $37,000. Planned Solutions Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $45,000. Finally, Eagle Bay Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $46,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.09 during mid-day trading on Thursday, hitting $50.16. 2,498,238 shares of the company were exchanged, compared to its average volume of 4,146,508. The business has a fifty day moving average of $50.05 and a 200 day moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year 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.