35,388 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Purchased by RiverFront Investment Group LLC

RiverFront Investment Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 35,388 shares of the company’s stock, valued at approximately $1,807,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stone Point Wealth LLC grew 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 worth $1,551,000 after buying an additional 723 shares during the last quarter. Boyd Wealth Management LLC grew 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 worth $1,737,000 after buying an additional 2,049 shares during the last quarter. Mariner LLC grew 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 worth $124,948,000 after buying an additional 135,766 shares during the last quarter. Chicago Partners Investment Group LLC grew 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 worth $2,312,000 after buying an additional 2,063 shares during the last quarter. Finally, Gradient Investments LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 270.3% in the 3rd quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock valued at $176,000 after purchasing an additional 2,673 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded up $0.04 during trading on Friday, reaching $49.79. The company’s stock had a trading volume of 2,998,131 shares, compared to its average volume of 4,150,720. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The company’s fifty day moving average price is $50.39 and its 200-day moving average price is $50.00.

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.