Sargent Investment Group LLC Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sargent Investment Group LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 131.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 20,974 shares of the company’s stock after acquiring an additional 11,900 shares during the period. Sargent Investment Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,071,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. TriaGen Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.0% during the fourth quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock worth $1,078,000 after buying an additional 206 shares during the period. Pinnacle Associates Ltd. raised its position in Vanguard Tax-Exempt Bond ETF by 0.4% in the third quarter. Pinnacle Associates Ltd. now owns 49,291 shares of the company’s stock valued at $2,371,000 after purchasing an additional 215 shares during the period. Snider Financial Group boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% during the fourth quarter. Snider Financial Group now owns 38,914 shares of the company’s stock worth $1,987,000 after buying an additional 248 shares during the period. Long Run Wealth Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.1% in the fourth quarter. Long Run Wealth Advisors LLC now owns 5,150 shares of the company’s stock valued at $263,000 after buying an additional 250 shares in the last quarter. Finally, Regimen Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 3rd quarter. Regimen Wealth LLC now owns 37,707 shares of the company’s stock valued at $1,814,000 after buying an additional 268 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.04 during midday trading on Friday, reaching $49.79. 2,998,131 shares of the stock traded hands, compared to its average volume of 4,150,720. The company has a 50-day simple moving average of $50.39 and a two-hundred day simple moving average of $50.00. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15.

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.