Ellis Investment Partners LLC Has $451,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Ellis Investment Partners LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,007 shares of the company’s stock after acquiring an additional 435 shares during the period. Ellis Investment Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Curbstone Financial Management Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.0% in the 1st quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock worth $529,000 after acquiring an additional 200 shares in the last quarter. Steele Capital Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.9% during the 2nd quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after acquiring an additional 200 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% in the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock valued at $757,000 after buying an additional 201 shares during the period. Transcendent Capital Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 2.1% during the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock worth $492,000 after purchasing an additional 201 shares in the last quarter. Finally, Perennial Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 1st quarter. Perennial Advisors LLC now owns 30,568 shares of the company’s stock valued at $1,547,000 after purchasing an additional 204 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.06 during trading hours on Friday, reaching $50.89. 5,301,439 shares of the company’s stock were exchanged, compared to its average volume of 4,028,096. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The company has a 50 day moving average of $50.56 and a two-hundred day moving average of $50.34.

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.