Pursue Wealth Partners LLC Acquires New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Pursue Wealth Partners LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,643 shares of the company’s stock, valued at approximately $280,000.

Several other institutional investors have also recently made changes to their positions in VTEB. Cullen Frost Bankers Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock valued at $23,585,000 after purchasing an additional 108,101 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 42.5% in the 4th quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after purchasing an additional 1,044,587 shares during the period. Millennium Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 75.8% during the 4th quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock valued at $480,000 after buying an additional 4,128 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock valued at $522,000 after buying an additional 1,116 shares in the last quarter. Finally, Hill Island Financial LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1,061.7% during the fourth quarter. Hill Island Financial LLC now owns 63,418 shares of the company’s stock valued at $3,179,000 after buying an additional 57,959 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.87 on Monday. The company’s 50-day moving average price is $48.80 and its 200-day moving average price is $49.55. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month 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.