Bank of Hawaii Buys 18,179 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bank of Hawaii raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 496,230 shares of the company’s stock after purchasing an additional 18,179 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.1% of Bank of Hawaii’s portfolio, making the stock its 18th largest position. Bank of Hawaii’s holdings in Vanguard Tax-Exempt Bond ETF were worth $25,367,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Steele Capital Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.9% in the second quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after buying an additional 200 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its stake 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 purchasing an additional 201 shares in the last quarter. Transcendent Capital Group LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after purchasing an additional 201 shares in the last quarter. Merkkuri Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after purchasing an additional 202 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its position in Vanguard Tax-Exempt Bond ETF by 0.8% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock worth $1,350,000 after purchasing an additional 204 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.62 on Monday. The firm has a fifty day simple moving average of $50.66 and a two-hundred day simple moving average of $50.48. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.31 and a twelve month high of $51.17.

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.