CGN Advisors LLC Purchases 41,055 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

CGN Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,050 shares of the company’s stock after acquiring an additional 41,055 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 1.0% of CGN Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. CGN Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,179,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $29,000. Bogart Wealth LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $41,000. Rise Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA VTEB opened at $49.94 on Friday. The stock has a 50-day moving average of $50.38 and a 200 day moving average of $50.55. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year 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.