First Pacific Financial Acquires 11,132 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

First Pacific Financial increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 76.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,744 shares of the company’s stock after purchasing an additional 11,132 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.4% of First Pacific Financial’s portfolio, making the stock its 29th biggest position. First Pacific Financial’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,314,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 144.4% in the 1st quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock valued at $13,776,000 after buying an additional 157,887 shares in the last quarter. Baird Financial Group Inc. boosted 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 purchasing an additional 25,628 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 11.2% in the 1st quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock worth $1,540,000 after purchasing an additional 3,010 shares in the last quarter. Prudential Financial Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 11.7% during the 1st quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock valued at $1,356,000 after buying an additional 2,756 shares in the last quarter. Finally, AJ Wealth Strategies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $3,989,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.59 on Thursday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The stock’s 50-day simple moving average is $50.64 and its 200-day simple moving average is $49.75.

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.