Lexington Hill Partners LLC Purchases 325,271 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Lexington Hill Partners LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 82.2% in the first quarter, Holdings Channel reports. The firm owned 721,059 shares of the company’s stock after purchasing an additional 325,271 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 20.4% of Lexington Hill Partners LLC’s investment portfolio, making the stock its biggest position. Lexington Hill Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $35,974,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chesley Taft & Associates LLC raised its position in Vanguard Tax-Exempt Bond ETF by 18.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after purchasing an additional 23,425 shares during the period. Compound Planning Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 16.2% in the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after buying an additional 46,505 shares during the period. Bear Mountain Capital Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 418.3% in the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after buying an additional 82,764 shares in the last quarter. Betterment LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares in the last quarter. Finally, Apella Capital LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.5% in the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after buying an additional 44,649 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.45 on Friday. The business’s 50-day simple moving average is $50.24 and its 200 day simple moving average is $50.34. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18.

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.