Smithbridge Asset Management Inc. DE Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Smithbridge Asset Management Inc. DE bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 19,145 shares of the company’s stock, valued at approximately $955,000.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% in the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after buying an additional 175,676 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Vanguard Tax-Exempt Bond ETF by 510.2% during the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock valued at $175,000 after acquiring an additional 2,990 shares in the last quarter. First Trust Advisors LP increased its holdings in Vanguard Tax-Exempt Bond ETF by 79.0% in the 2nd quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock valued at $542,000 after acquiring an additional 4,878 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $1,001,000. Finally, Main Street Financial Solutions LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 2.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after purchasing an additional 1,364 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.47 on Thursday. The firm has a 50-day simple moving average of $50.27 and a two-hundred day simple moving average of $50.36. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week 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.