Apexium Financial LP Grows Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Apexium Financial LP lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.2% during the fourth quarter, Holdings Channel reports. The fund owned 26,357 shares of the company’s stock after purchasing an additional 3,864 shares during the quarter. Apexium Financial LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,321,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VTEB. Captrust Financial Advisors boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after buying an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $103,000. Eclectic Associates Inc. ADV boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after acquiring an additional 972 shares during the last quarter. Souders Financial Advisors grew its holdings in Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock worth $1,372,000 after acquiring an additional 2,095 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 30,328 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB stock opened at $50.00 on Monday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17. The company’s 50-day simple moving average is $50.34 and its 200-day simple moving average is $50.55.

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.