Foster & Motley Inc. Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Foster & Motley Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.4% in the fourth quarter, HoldingsChannel reports. The firm owned 265,416 shares of the company’s stock after acquiring an additional 22,854 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 0.9% of Foster & Motley Inc.’s portfolio, making the stock its 21st biggest position. Foster & Motley Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,305,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Captrust Financial Advisors lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares during the period. Central Pacific Bank Trust Division acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $103,000. Eclectic Associates Inc. ADV lifted its position in Vanguard Tax-Exempt Bond ETF by 5.3% during the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after purchasing an additional 972 shares during the period. Global Wealth Strategies & Associates boosted its holdings in Vanguard Tax-Exempt Bond ETF by 18,120.0% in the third quarter. Global Wealth Strategies & Associates now owns 3,644 shares of the company’s stock valued at $186,000 after purchasing an additional 3,624 shares during the last quarter. Finally, Souders Financial Advisors grew its position in Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock worth $1,414,000 after purchasing an additional 295 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.12 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The business has a 50-day simple moving average of $50.32 and a 200-day simple moving average of $50.55.

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.