Foster & Motley Inc. Acquires 22,854 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Foster & Motley Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,416 shares of the company’s stock after acquiring an additional 22,854 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Foster & Motley Inc.’s portfolio, making the stock its 21st biggest position. Foster & Motley Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Bogart Wealth LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares in the last quarter. Rise Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the last quarter. Moisand Fitzgerald Tamayo LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after buying an additional 648 shares during the last quarter. Finally, Marquette Asset Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $59,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.12 on Thursday. The company has a 50 day moving average of $50.32 and a two-hundred day moving average of $50.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Company 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.