Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Towneley Capital Management Inc DE

Towneley Capital Management Inc DE lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 317,590 shares of the company’s stock after acquiring an additional 22,050 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 3.7% of Towneley Capital Management Inc DE’s portfolio, making the stock its 10th biggest position. Towneley Capital Management Inc DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Oarsman Capital Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $28,000. Nemes Rush Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1,238.3% during the fourth quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock worth $32,000 after acquiring an additional 582 shares in the last quarter. Mascagni Wealth Management Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $34,000. Advantage Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $42,000. Finally, Cromwell Holdings LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $48,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

Shares of NYSEARCA VTEB opened at $48.61 on Friday. The firm’s 50-day moving average price is $48.81 and its 200-day moving average price is $49.72. 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 Company 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.