Paragon Capital Management Ltd Buys 11,981 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Paragon Capital Management Ltd raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 63,743 shares of the company’s stock after buying an additional 11,981 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.6% of Paragon Capital Management Ltd’s holdings, making the stock its 23rd largest position. Paragon Capital Management Ltd’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,019,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Corient Private Wealth LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 131.5% in the 4th quarter. Corient Private Wealth LLC now owns 4,111,685 shares of the company’s stock valued at $206,775,000 after acquiring an additional 2,335,633 shares in the last quarter. Align Financial LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $96,611,000. Wealthfront Advisers LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares during the period. Sei Investments Co. raised its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after purchasing an additional 659,339 shares during the period. Finally, Boston Standard Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $30,567,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.20 during midday trading on Friday, hitting $47.34. The company’s stock had a trading volume of 17,067,231 shares, compared to its average volume of 10,747,645. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year high of $51.18. The stock has a 50-day simple moving average of $48.73 and a 200-day simple moving average of $49.67.

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.