Brookstone Capital Management Purchases 83,718 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Brookstone Capital Management increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 455,356 shares of the company’s stock after purchasing an additional 83,718 shares during the quarter. Brookstone Capital Management owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $22,800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after purchasing an additional 216 shares in the last quarter. Sound Income Strategies LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after purchasing an additional 780 shares during the last quarter. Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $49,000. Clear Investment Research LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $50,000. Finally, Longview Financial Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $51,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $50.23 on Thursday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.68. The business has a fifty day moving average of $50.37 and a 200-day moving average of $49.62.

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.