Saxon Interests Inc. Buys New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Saxon Interests Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,228 shares of the company’s stock, valued at approximately $420,000.

A number of other large investors also recently modified their holdings of VTEB. Mariner LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.5% in the 3rd quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock valued at $124,948,000 after acquiring an additional 135,766 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.4% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock valued at $2,312,000 after acquiring an additional 2,063 shares during the last quarter. Stairway Partners LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% in the 3rd quarter. Stairway Partners LLC now owns 360,263 shares of the company’s stock valued at $17,329,000 after acquiring an additional 1,290 shares during the last quarter. Gradient Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 270.3% in the 3rd quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock valued at $176,000 after acquiring an additional 2,673 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in Vanguard Tax-Exempt Bond ETF by 15.3% in the 3rd quarter. Allworth Financial LP now owns 374,061 shares of the company’s stock valued at $17,992,000 after acquiring an additional 49,642 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB traded up $0.01 on Thursday, reaching $50.60. The company had a trading volume of 4,401,052 shares, compared to its average volume of 3,974,785. The firm’s 50 day moving average price is $50.64 and its 200 day moving average price is $49.76. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15.

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.