Avalon Trust Co Makes New $49,000 Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Avalon Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 994 shares of the company’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTEB. Wolff Wiese Magana LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares during the last quarter. Clear Investment Research LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at $50,000. Longview Financial Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $51,000. Trust Co. of Toledo NA OH purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $61,000. Finally, Farmers & Merchants Investments Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 63.0% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 1,760 shares of the company’s stock worth $86,000 after purchasing an additional 680 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.37 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09. The company’s 50-day moving average is $50.22 and its 200 day moving average is $49.32.

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.