Goodman Advisory Group LLC Purchases 122,247 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Goodman Advisory Group LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3,077.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,219 shares of the company’s stock after purchasing an additional 122,247 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.1% of Goodman Advisory Group LLC’s investment portfolio, making the stock its 18th largest position. Goodman Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,189,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VTEB. HB Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after buying an additional 7,552 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $211,000. Vanguard Group Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 7.7% during the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after acquiring an additional 270,058 shares during the last quarter. Allworth Financial LP boosted its stake in Vanguard Tax-Exempt Bond ETF by 6.9% in the second quarter. Allworth Financial LP now owns 702,670 shares of the company’s stock valued at $34,452,000 after acquiring an additional 45,524 shares in the last quarter. Finally, Alpha Cubed Investments LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 31.2% in the second quarter. Alpha Cubed Investments LLC now owns 9,288 shares of the company’s stock valued at $455,000 after acquiring an additional 2,209 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEB stock opened at $50.18 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68. The business’s fifty day simple moving average is $50.36 and its 200-day simple moving average is $49.53.

Vanguard Tax-Exempt Bond ETF Company 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.