Liberty Capital Management Inc. Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Liberty Capital Management Inc. lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,887 shares of the company’s stock after purchasing an additional 2,281 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 1.2% of Liberty Capital Management Inc.’s holdings, making the stock its 25th largest position. Liberty Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,515,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. LRI Investments LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $172,000. Claro Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $393,000. Glassy Mountain Advisors Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 5.6% during the second quarter. Glassy Mountain Advisors Inc. now owns 38,341 shares of the company’s stock valued at $1,921,000 after acquiring an additional 2,017 shares in the last quarter. Calton & Associates Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 6.1% during the second quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after acquiring an additional 337 shares in the last quarter. Finally, Souders Financial Advisors raised its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after acquiring an additional 2,095 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.46 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17. The stock’s 50 day moving average is $50.85 and its two-hundred day moving average is $50.41.

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.