Patriot Investment Management Group Inc. Purchases 5,568 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Patriot Investment Management Group Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,966 shares of the company’s stock after buying an additional 5,568 shares during the period. Patriot Investment Management Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LRI Investments LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 5.9% during 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 last quarter. First Affirmative Financial Network increased its position in Vanguard Tax-Exempt Bond ETF by 4.5% in the first quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after purchasing an additional 245 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 2.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,326 shares of the company’s stock worth $618,000 after purchasing an additional 247 shares during the last quarter. Silver Coast Investments LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2.6% in the fourth quarter. Silver Coast Investments LLC now owns 10,150 shares of the company’s stock worth $509,000 after purchasing an additional 254 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its position in Vanguard Tax-Exempt Bond ETF by 0.8% in 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 last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $48.93 on Friday. The company’s fifty day moving average is $48.75 and its 200 day moving average is $49.66. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.17.

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.