Trustmark National Bank Trust Department Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Trustmark National Bank Trust Department bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,200 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds have also modified their holdings of the business. Ironwood Investment Counsel LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $248,000. Northern Capital Management Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $301,000. TIAA Trust National Association raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.2% in the first quarter. TIAA Trust National Association now owns 11,389,248 shares of the company’s stock valued at $576,296,000 after buying an additional 455,925 shares during the last quarter. Kelman Lazarov Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 6.5% during the first quarter. Kelman Lazarov Inc. now owns 94,689 shares of the company’s stock worth $4,791,000 after purchasing an additional 5,777 shares during the last quarter. Finally, Bright Financial Advisors Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $530,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.05 during midday trading on Tuesday, hitting $50.49. 3,131,032 shares of the stock were exchanged, compared to its average volume of 4,076,953. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The stock’s 50-day simple moving average is $50.14 and its 200 day simple moving average is $50.34.

About Vanguard Tax-Exempt Bond ETF

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.