Citizens Financial Group Inc. RI Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Citizens Financial Group Inc. RI purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 4,563 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $411,000. Prairieview Wealth Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $2,937,000. Certified Advisory Corp purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $270,000. King Luther Capital Management Corp boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 19.3% in the fourth quarter. King Luther Capital Management Corp now owns 125,280 shares of the company’s stock worth $6,396,000 after buying an additional 20,247 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 185,420 shares of the company’s stock worth $9,466,000 after buying an additional 4,263 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0 %

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 $50.70 and a 200-day moving average of $50.36.

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.