Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Lifted by Conquis Financial LLC

Conquis Financial LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 85.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,288 shares of the company’s stock after acquiring an additional 18,577 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.9% of Conquis Financial LLC’s holdings, making the stock its 10th biggest position. Conquis Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,017,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PFG Investments LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.7% in the third quarter. PFG Investments LLC now owns 15,704 shares of the company’s stock worth $786,000 after purchasing an additional 416 shares during the period. Latitude Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.6% during the 3rd quarter. Latitude Advisors LLC now owns 7,749 shares of the company’s stock valued at $388,000 after buying an additional 865 shares in the last quarter. Birch Financial Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 50.5% in the 3rd quarter. Birch Financial Group LLC now owns 8,320 shares of the company’s stock worth $417,000 after buying an additional 2,793 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 747.1% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 617,889 shares of the company’s stock worth $30,938,000 after buying an additional 544,946 shares in the last quarter. Finally, Naples Global Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 8.4% in the 3rd quarter. Naples Global Advisors LLC now owns 42,083 shares of the company’s stock worth $2,107,000 after buying an additional 3,275 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.52 on Friday. The business’s 50-day simple moving average is $50.36 and its two-hundred day simple moving average is $49.85. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week 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.