Concurrent Investment Advisors LLC Has $23.98 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Concurrent Investment Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 474,158 shares of the company’s stock after purchasing an additional 192,903 shares during the period. Concurrent Investment Advisors LLC owned about 0.05% of Vanguard Tax-Exempt Bond ETF worth $23,983,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Valeo Financial Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 72.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 71,361 shares of the company’s stock valued at $3,589,000 after acquiring an additional 30,068 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $1,001,000. LJI Wealth Management LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 53.7% in the 4th quarter. LJI Wealth Management LLC now owns 44,403 shares of the company’s stock worth $2,233,000 after acquiring an additional 15,521 shares in the last quarter. Fort Point Capital Partners LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 54.1% in the fourth quarter. Fort Point Capital Partners LLC now owns 1,035,648 shares of the company’s stock valued at $52,414,000 after purchasing an additional 363,519 shares during the last quarter. Finally, Argos Wealth Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $2,160,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $48.86 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.85 and a fifty-two week high of $51.18. The company’s 50-day moving average is $49.85 and its 200 day moving average is $50.14.

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.