TFB Advisors LLC Makes New $1.55 Million Investment in Vanguard Tax-Exempt Bond ETF $VTEB

TFB Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,700 shares of the company’s stock, valued at approximately $1,549,000.

Several other large investors have also recently made changes to their positions in the stock. Arlington Trust Co LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $38,000. Farmers & Merchants Investments Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $40,000. Legacy Wealth Managment LLC ID bought a new position in Vanguard Tax-Exempt Bond ETF in the first quarter worth about $49,000. Trust Co. of Vermont bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $50,000. Finally, Asset Dedication LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the first quarter worth about $51,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $49.15 on Friday. The firm has a 50-day simple moving average of $48.21 and a two-hundred day simple moving average of $49.73. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18.

Vanguard Tax-Exempt Bond ETF Company 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.