King Luther Capital Management Corp Boosts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

King Luther Capital Management Corp grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,852 shares of the company’s stock after acquiring an additional 1,190 shares during the period. King Luther Capital Management Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Vantage Financial Partners LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $411,000. Prairieview Wealth Partners LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $2,937,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 185,420 shares of the company’s stock valued at $9,466,000 after acquiring an additional 4,263 shares in the last quarter. Commerce Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $1,979,000. Finally, Citizens & Northern Corp purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $247,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $51.04 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.17. The company’s 50-day moving average is $50.71 and its two-hundred day moving average is $50.37.

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.