Liberty Capital Management Inc. Has $5.72 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Liberty Capital Management Inc. grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 115,257 shares of the company’s stock after buying an additional 4,742 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 1.3% of Liberty Capital Management Inc.’s investment portfolio, making the stock its 24th biggest position. Liberty Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LRI Investments LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 5.9% in the fourth quarter. LRI Investments LLC now owns 3,960 shares of the company’s stock valued at $199,000 after buying an additional 219 shares during the period. First Affirmative Financial Network raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.5% in the 1st quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after acquiring an additional 245 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 12,326 shares of the company’s stock valued at $618,000 after purchasing an additional 247 shares during the period. Silver Coast Investments LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.6% during the 4th quarter. Silver Coast Investments LLC now owns 10,150 shares of the company’s stock valued at $509,000 after purchasing an additional 254 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 0.8% during the first quarter. First Citizens Bank & Trust Co. now owns 30,833 shares of the company’s stock worth $1,530,000 after purchasing an additional 256 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3%

Shares of VTEB stock opened at $48.93 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.17. The stock has a 50 day simple moving average of $48.75 and a two-hundred day simple moving average of $49.66.

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.