C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys New Stake in Vanguard Tax-Exempt Bond ETF $VTEB

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 42,699 shares of the company’s stock, valued at approximately $2,138,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wolff Wiese Magana LLC boosted its stake in shares of 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. Lowe Wealth Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Sound Income Strategies LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after acquiring an additional 780 shares during the period. Avalon Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $49,000. Finally, Clear Investment Research LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $50,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

NYSEARCA:VTEB opened at $50.37 on Friday. The company has a 50 day moving average price of $50.33 and a 200-day moving average price of $49.68. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $50.68.

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.