Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Paragon Capital Management Ltd

Paragon Capital Management Ltd increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 112,083 shares of the company’s stock after buying an additional 1,618 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 1.1% of Paragon Capital Management Ltd’s investment portfolio, making the stock its 15th largest holding. Paragon Capital Management Ltd’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,619,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VTEB. BOKF NA acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $62,000. Parallel Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 175.7% in the 2nd quarter. Parallel Advisors LLC now owns 8,979 shares of the company’s stock worth $450,000 after buying an additional 5,722 shares during the period. Citizens Financial Group Inc. RI acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $229,000. Edgestream Partners L.P. acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $1,905,000. Finally, Wealth Alliance increased its holdings in Vanguard Tax-Exempt Bond ETF by 6.8% in the 2nd quarter. Wealth Alliance now owns 70,147 shares of the company’s stock worth $3,515,000 after buying an additional 4,469 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.5 %

Shares of NYSEARCA:VTEB opened at $49.79 on Thursday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The company’s 50 day moving average is $50.40 and its 200 day moving average is $50.56.

Vanguard Tax-Exempt Bond ETF 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.