Dynamic Advisor Solutions LLC Purchases 2,329 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Dynamic Advisor Solutions LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 116,000 shares of the company’s stock after acquiring an additional 2,329 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,813,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VTEB. GAMMA Investing LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $29,000. Capital Analysts LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 138.7% during the 4th quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares during the last quarter. Naples Money Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $34,000. Trust Co. of Vermont acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $37,000. Finally, Eagle Bay Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $46,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.65 on Tuesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The stock’s 50 day moving average price is $50.35 and its 200-day moving average price is $50.33.

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.