1,674 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Bought by Cambridge Trust Co.

Cambridge Trust Co. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,674 shares of the company’s stock, valued at approximately $85,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its stake in Vanguard Tax-Exempt Bond ETF by 144.4% in the first quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock worth $13,776,000 after purchasing an additional 157,887 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 81.6% in the 1st quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock worth $2,940,000 after acquiring an additional 25,628 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 11.2% during the 1st quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock valued at $1,540,000 after acquiring an additional 3,010 shares in the last quarter. Prudential Financial Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 11.7% during the first quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock valued at $1,356,000 after purchasing an additional 2,756 shares during the last quarter. Finally, AJ Wealth Strategies LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $3,989,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:VTEB opened at $49.97 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The firm has a 50-day simple moving average of $50.47 and a 200 day simple moving average of $49.91.

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.