Apella Capital LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Apella Capital LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.6% in the third quarter, Holdings Channel.com reports. The fund owned 301,644 shares of the company’s stock after buying an additional 7,665 shares during the quarter. Apella Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,417,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Naples Money Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at about $34,000. Verus Capital Partners LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $36,000. Trust Co. of Vermont purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $37,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $41,000. Finally, Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $47,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of NYSEARCA VTEB opened at $51.04 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.17. The business has a 50-day moving average of $50.83 and a 200-day moving average of $50.39.

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.