RiverFront Investment Group LLC Acquires Shares of 35,388 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

RiverFront Investment Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 35,388 shares of the company’s stock, valued at approximately $1,807,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stone Point Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the fourth quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock valued at $1,551,000 after acquiring an additional 723 shares in the last quarter. Boyd Wealth Management LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.4% during the fourth quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock valued at $1,737,000 after acquiring an additional 2,049 shares in the last quarter. Mariner LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the third quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock valued at $124,948,000 after acquiring an additional 135,766 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the third quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock valued at $2,312,000 after acquiring an additional 2,063 shares in the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 270.3% during the third quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock valued at $176,000 after acquiring an additional 2,673 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock traded up $0.04 during midday trading on Friday, hitting $49.79. The stock had a trading volume of 2,998,131 shares, compared to its average volume of 4,150,720. The business has a 50-day moving average of $50.39 and a two-hundred day moving average of $50.00. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15.

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.