Cornerstone Advisors Asset Management LLC Has $4.58 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Cornerstone Advisors Asset Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 39.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,600 shares of the company’s stock after buying an additional 25,651 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,583,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Rothschild Investment LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 425 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $25,000. Nepc LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $34,000. Measured Wealth Private Client Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $37,000. Finally, Arlington Trust Co LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $38,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of VTEB stock opened at $48.88 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.85 and a 12 month high of $51.18. The business’s 50 day moving average is $49.82 and its two-hundred day moving average is $50.13.

Vanguard Tax-Exempt Bond ETF 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.