Transcend Capital Advisors LLC Has $2.59 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Transcend Capital Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 843.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,674 shares of the company’s stock after purchasing an additional 45,302 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,587,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $29,000. Capital Analysts LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after acquiring an additional 376 shares during the period. HM Payson & Co. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $32,000. Headlands Technologies LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $39,000. Finally, Planned Solutions Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $45,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.04 during midday trading on Friday, reaching $49.79. The company had a trading volume of 2,998,131 shares, compared to its average volume of 4,150,720. The stock has a fifty day moving average price of $50.39 and a 200 day moving average price of $50.00. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15.

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.