Foundations Investment Advisors LLC Purchases 9,400 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Foundations Investment Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 94.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,381 shares of the company’s stock after acquiring an additional 9,400 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $972,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VTEB. Captrust Financial Advisors lifted its position in Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock worth $15,064,000 after purchasing an additional 46,219 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $103,000. Eclectic Associates Inc. ADV lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after acquiring an additional 972 shares during the period. Global Wealth Strategies & Associates boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 18,120.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 3,644 shares of the company’s stock valued at $186,000 after acquiring an additional 3,624 shares in the last quarter. Finally, Souders Financial Advisors increased its stake in Vanguard Tax-Exempt Bond ETF by 1.1% in the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after acquiring an additional 295 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.12 on Thursday. The company has a 50-day moving average price of $50.32 and a two-hundred day moving average price of $50.55. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

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.