Benchmark Financial LLC Purchases Shares of 13,158 Vanguard Tax-Exempt Bond ETF $VTEB

Benchmark Financial LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,158 shares of the company’s stock, valued at approximately $662,000. Vanguard Tax-Exempt Bond ETF makes up about 0.7% of Benchmark Financial LLC’s holdings, making the stock its 28th largest holding.

A number of other large investors also recently modified their holdings of VTEB. Wellington Management Group LLP purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $347,641,000. Betterment LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% during the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after buying an additional 3,458,654 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 49.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after buying an additional 3,187,040 shares in the last quarter. Finally, TIAA Trust National Association raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after buying an additional 1,799,750 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.45 on Monday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.15 and a 1-year high of $51.18. The stock’s 50-day moving average is $50.40 and its 200 day moving average is $50.39.

About Vanguard Tax-Exempt Bond ETF

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.