Steele Capital Management Inc. Purchases New Position in Vanguard Tax-Exempt Bond ETF $VTEB

Steele Capital Management Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 56,781 shares of the company’s stock, valued at approximately $2,689,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Argonautica Private Wealth Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 40.3% during the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 12,810 shares of the company’s stock valued at $607,000 after acquiring an additional 3,681 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 97.2% in the third quarter. Kestra Advisory Services LLC now owns 977,848 shares of the company’s stock worth $46,311,000 after purchasing an additional 481,944 shares in the last quarter. Claro Advisors Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.4% in the third quarter. Claro Advisors Inc. now owns 55,955 shares of the company’s stock worth $2,650,000 after purchasing an additional 1,330 shares in the last quarter. Cora Capital Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.0% in the third quarter. Cora Capital Advisors LLC now owns 4,564 shares of the company’s stock worth $216,000 after purchasing an additional 297 shares in the last quarter. Finally, Genesis Private Wealth LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.0% during the third quarter. Genesis Private Wealth LLC now owns 171,412 shares of the company’s stock valued at $8,118,000 after purchasing an additional 1,619 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.15 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18. The stock’s fifty day moving average is $48.21 and its 200-day moving average is $49.73.

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.