Hyposwiss Advisors SA Takes $540,000 Position in Vanguard Tax-Exempt Bond ETF $VTEB

Hyposwiss Advisors SA purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 10,736 shares of the company’s stock, valued at approximately $540,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. IHT Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.3% in the 4th quarter. IHT Wealth Management LLC now owns 57,185 shares of the company’s stock valued at $2,876,000 after purchasing an additional 7,143 shares during the last quarter. Claro Advisors Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.4% in the 4th quarter. Claro Advisors Inc. now owns 52,075 shares of the company’s stock valued at $2,619,000 after purchasing an additional 8,470 shares during the last quarter. Align Financial LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $96,611,000. Cetera Investment Advisers increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 24.7% in the 4th quarter. Cetera Investment Advisers now owns 1,037,572 shares of the company’s stock valued at $52,180,000 after purchasing an additional 205,315 shares during the last quarter. Finally, Equitable Holdings Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.2% in the 4th quarter. Equitable Holdings Inc. now owns 283,885 shares of the company’s stock valued at $14,277,000 after purchasing an additional 14,080 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Shares of VTEB opened at $50.29 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18. The business’s fifty day moving average is $50.22 and its 200-day moving average is $50.34.

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.