Kathmere Capital Management LLC Buys New Shares in Vanguard Tax-Exempt Bond ETF $VTEB

Kathmere Capital Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,217 shares of the company’s stock, valued at approximately $959,000.

Other hedge funds also recently modified their holdings of the company. Rothschild Investment LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 653.8% during the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Nepc LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded down $0.04 during trading on Tuesday, reaching $50.50. 1,566,524 shares of the stock were exchanged, compared to its average volume of 7,562,646. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The stock’s 50 day moving average price is $50.27 and its two-hundred day moving average price is $50.37.

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.