Pinnacle Bancorp Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 23.7% during the fourth quarter, HoldingsChannel reports. The firm owned 40,704 shares of the company’s stock after purchasing an additional 7,808 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors increased its position in Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock worth $15,064,000 after buying an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $103,000. Souders Financial Advisors raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after purchasing an additional 2,095 shares during the period. EP Wealth Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 725,620 shares of the company’s stock worth $36,361,000 after buying an additional 30,328 shares during the period. Finally, Global Wealth Strategies & Associates raised its holdings in Vanguard Tax-Exempt Bond ETF by 18,120.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 3,644 shares of the company’s stock valued at $186,000 after acquiring an additional 3,624 shares during the period.
Vanguard Tax-Exempt Bond ETF Stock Performance
NYSEARCA:VTEB opened at $49.79 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock’s fifty day moving average price is $50.40 and its two-hundred day moving average price is $50.56.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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