NewCorp Financial Services Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 99,043 shares of the company’s stock, valued at approximately $4,981,000. Vanguard Tax-Exempt Bond ETF comprises about 4.4% of NewCorp Financial Services Inc.’s portfolio, making the stock its 9th biggest holding.
A number of other large investors have also recently added to or reduced their stakes in VTEB. Rothschild Investment LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 425 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $25,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $37,000. Finally, Ransom Advisory Ltd bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $50,000.
Vanguard Tax-Exempt Bond ETF Stock Performance
Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Monday. The firm’s 50-day moving average is $50.10 and its 200-day moving average is $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.
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.
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