Lexington Hill Partners LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Lexington Hill Partners LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 395,788 shares of the company’s stock, valued at approximately $19,904,000. Vanguard Tax-Exempt Bond ETF comprises approximately 15.0% of Lexington Hill Partners LLC’s holdings, making the stock its 2nd largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTEB. Jane Street Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1,498.4% in the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after purchasing an additional 175,676 shares during the period. Russell Investments Group Ltd. raised its stake in Vanguard Tax-Exempt Bond ETF by 510.2% during the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock worth $175,000 after purchasing an additional 2,990 shares during the period. First Trust Advisors LP boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 79.0% in the 2nd quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock valued at $542,000 after purchasing an additional 4,878 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $1,001,000. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock valued at $2,351,000 after purchasing an additional 1,364 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.45 on Friday. The stock has a 50-day moving average price of $50.23 and a two-hundred day moving average price of $50.34. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18.

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.