Vanguard Tax-Exempt Bond ETF $VTEB Stock Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 58.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,680 shares of the company’s stock after purchasing an additional 38,132 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Arlington Trust Co LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $38,000. Farmers & Merchants Investments Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $40,000. Legacy Wealth Managment LLC ID bought a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $49,000. Trust Co. of Vermont bought a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $50,000. Finally, Asset Dedication LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $51,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.8%

Shares of NYSEARCA VTEB opened at $48.79 on Friday. The firm’s 50-day moving average price is $48.19 and its 200-day moving average price is $49.69. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week 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.