AMI Investment Management Inc. Acquires 12,189 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

AMI Investment Management Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 165,518 shares of the company’s stock after acquiring an additional 12,189 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 2.9% of AMI Investment Management Inc.’s holdings, making the stock its 11th biggest position. AMI Investment Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,461,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. CIBC Private Wealth Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $855,000. Exencial Wealth Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 492.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 92,807 shares of the company’s stock worth $4,738,000 after acquiring an additional 77,132 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the fourth quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock worth $598,335,000 after acquiring an additional 672,087 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 8.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,355,301 shares of the company’s stock valued at $426,538,000 after purchasing an additional 636,006 shares during the last quarter. Finally, Watchman Group Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.8% during the fourth quarter. Watchman Group Inc. now owns 103,185 shares of the company’s stock worth $5,268,000 after purchasing an additional 802 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.4 %

Shares of Vanguard Tax-Exempt Bond ETF stock traded down $0.20 during trading on Friday, reaching $50.84. The company’s stock had a trading volume of 4,572,318 shares, compared to its average volume of 3,941,490. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.17. The business’s 50-day moving average price is $50.83 and its 200-day moving average price is $50.39.

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.