Hobbs Group Advisors LLC Purchases 465 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hobbs Group Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.7% during the third quarter, HoldingsChannel.com reports. The fund owned 63,765 shares of the company’s stock after acquiring an additional 465 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.2% of Hobbs Group Advisors LLC’s holdings, making the stock its 16th largest holding. Hobbs Group Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Bogart Wealth LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Verus Capital Partners LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $36,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $41,000. Finally, Rise Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.92 on Wednesday. The company’s fifty day moving average price is $50.64 and its 200-day moving average price is $50.55. Vanguard Tax-Exempt Bond ETF has a one year low of $49.54 and a one year high of $51.17.

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.