Concurrent Investment Advisors LLC Acquires 2,205 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Concurrent Investment Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,787 shares of the company’s stock after acquiring an additional 2,205 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,860,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LRI Investments LLC grew its position in Vanguard Tax-Exempt Bond ETF by 5.9% in the fourth quarter. LRI Investments LLC now owns 3,960 shares of the company’s stock valued at $199,000 after acquiring an additional 219 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.0% in the first quarter. Physician Wealth Advisors Inc. now owns 7,701 shares of the company’s stock valued at $382,000 after acquiring an additional 225 shares during the last quarter. First Affirmative Financial Network grew its position in Vanguard Tax-Exempt Bond ETF by 4.5% in the first quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock valued at $282,000 after acquiring an additional 245 shares during the last quarter. First Citizens Bank & Trust Co. grew its position in Vanguard Tax-Exempt Bond ETF by 0.8% in the first quarter. First Citizens Bank & Trust Co. now owns 30,833 shares of the company’s stock valued at $1,530,000 after acquiring an additional 256 shares during the last quarter. Finally, Centurion Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.1% in the fourth quarter. Centurion Wealth Management LLC now owns 24,687 shares of the company’s stock valued at $1,238,000 after acquiring an additional 257 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $48.95 on Friday. The stock’s 50-day moving average is $48.87 and its 200-day moving average is $49.44. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17.

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.