Pacific Excel Wealth Advisors Inc. Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Pacific Excel Wealth Advisors Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 30,427 shares of the company’s stock, valued at approximately $1,539,000.

A number of other institutional investors have also added to or reduced their stakes in VTEB. Jane Street Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% in the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after purchasing an additional 175,676 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 510.2% in the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock valued at $175,000 after buying an additional 2,990 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 79.0% in the second quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock valued at $542,000 after buying an additional 4,878 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $1,001,000. Finally, Main Street Financial Solutions LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 2.9% during the second quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after acquiring an additional 1,364 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.66 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.76 and a fifty-two week high of $51.18. The company’s 50-day moving average is $50.21 and its 200 day moving average is $50.31.

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.