Trust Co. of Vermont Invests $706,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Trust Co. of Vermont purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,080 shares of the company’s stock, valued at approximately $706,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after buying an additional 202 shares during the period. Cypress Wealth Services LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% during the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after acquiring an additional 223 shares in the last quarter. Magnus Financial Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2.0% during the 3rd quarter. Magnus Financial Group LLC now owns 11,979 shares of the company’s stock valued at $612,000 after purchasing an additional 234 shares during the period. Beta Wealth Group Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the 3rd quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock valued at $2,006,000 after purchasing an additional 234 shares in the last quarter. Finally, Columbus Macro LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the 3rd quarter. Columbus Macro LLC now owns 26,803 shares of the company’s stock worth $1,359,000 after purchasing an additional 237 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.94 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company’s 50 day moving average is $50.38 and its 200 day moving average is $50.56.

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.