CGN Advisors LLC Purchases 41,055 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

CGN Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 203,050 shares of the company’s stock after buying an additional 41,055 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.0% of CGN Advisors LLC’s portfolio, making the stock its 22nd largest holding. CGN Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,179,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $29,000. Bogart Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after acquiring an additional 559 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $41,000. Rise Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 131.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.94 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The stock has a 50-day moving average of $50.38 and a 200-day moving average of $50.55.

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.