BTC Capital Management Inc. Invests $2.21 Million in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

BTC Capital Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,151 shares of the company’s stock, valued at approximately $2,213,000.

Several other institutional investors also recently bought and sold shares of VTEB. AQR Capital Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $516,000. B. Riley Wealth Advisors Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 39.8% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 23,138 shares of the company’s stock valued at $1,159,000 after purchasing an additional 6,587 shares in the last quarter. Truist Financial Corp increased its stake in Vanguard Tax-Exempt Bond ETF by 7.5% during the 2nd quarter. Truist Financial Corp now owns 554,566 shares of the company’s stock valued at $27,789,000 after purchasing an additional 38,549 shares in the last quarter. Heritage Wealth Management Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth $380,000. Finally, Passive Capital Management LLC. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.3% during the second quarter. Passive Capital Management LLC. now owns 681,740 shares of the company’s stock valued at $34,162,000 after buying an additional 2,091 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

Shares of NYSEARCA VTEB opened at $50.21 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The business’s 50 day moving average price is $50.32 and its 200 day moving average price is $50.54.

About Vanguard Tax-Exempt Bond ETF

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.