Planning Directions Inc. Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Planning Directions Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 17,756 shares of the company’s stock, valued at approximately $908,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Steele Capital Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 0.9% in the 2nd quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after purchasing an additional 200 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% in the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock worth $757,000 after buying an additional 201 shares in the last quarter. Transcendent Capital Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2.1% in the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after acquiring an additional 201 shares during the period. Merkkuri Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after acquiring an additional 202 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.8% during the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock valued at $1,350,000 after purchasing an additional 204 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.53 on Monday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.00 and a 52 week high of $51.17. The company’s 50-day moving average price is $50.69 and its two-hundred day moving average price is $50.46.

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.