Kestra Advisory Services LLC Purchases 80,606 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Kestra Advisory Services LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 34.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 313,055 shares of the company’s stock after purchasing an additional 80,606 shares during the quarter. Kestra Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,841,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $29,000. Capital Analysts LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% in the 4th quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after buying an additional 376 shares in the last quarter. Naples Money Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth about $34,000. Trust Co. of Vermont bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $37,000. Finally, Planned Solutions Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $45,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2 %

Shares of VTEB traded up $0.08 during mid-day trading on Friday, hitting $50.44. 2,777,740 shares of the company traded hands, compared to its average volume of 4,081,181. The stock has a 50-day moving average price of $50.15 and a two-hundred day moving average price of $50.33. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15.

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.