BTC Capital Management Inc. Purchases New Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

BTC Capital Management Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, Holdings Channel reports. The firm purchased 44,151 shares of the company’s stock, valued at approximately $2,213,000.

Several other institutional investors also recently bought and sold shares of the business. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $29,000. Bogart Wealth LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares in the last quarter. Rise Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares during the last quarter. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after acquiring an additional 648 shares in the last quarter. Finally, Marquette Asset Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.21 on Friday. The business has a fifty day moving average price of $50.32 and a 200 day moving average price of $50.54. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

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.