Retirement Planning Group LLC Buys New Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Retirement Planning Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 46,177 shares of the company’s stock, valued at approximately $2,291,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Chatham Capital Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.4% during the 1st quarter. Chatham Capital Group Inc. now owns 61,915 shares of the company’s stock worth $3,072,000 after acquiring an additional 9,600 shares during the period. Charles Schwab Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter worth about $958,000. Chesley Taft & Associates LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 5.7% during the first quarter. Chesley Taft & Associates LLC now owns 108,005 shares of the company’s stock valued at $5,359,000 after purchasing an additional 5,850 shares in the last quarter. Naples Global Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 1st quarter. Naples Global Advisors LLC now owns 38,558 shares of the company’s stock valued at $1,913,000 after purchasing an additional 800 shares during the period. Finally, Brand Asset Management Group Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.2% in the 1st quarter. Brand Asset Management Group Inc. now owns 9,911 shares of the company’s stock valued at $492,000 after purchasing an additional 753 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

VTEB opened at $48.69 on Thursday. The firm’s 50-day simple moving average is $48.84 and its 200-day simple moving average is $49.74. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.17.

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.