Cullen Frost Bankers Inc. Raises Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cullen Frost Bankers Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 996.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 507,521 shares of the company’s stock after purchasing an additional 461,241 shares during the quarter. Cullen Frost Bankers Inc. owned approximately 0.09% of Vanguard Tax-Exempt Bond ETF worth $25,909,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $29,000. HM Payson & Co. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $32,000. Capital Analysts LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% in the 4th quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $39,000. Finally, Planned Solutions Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $45,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded up $0.14 during trading on Tuesday, reaching $50.25. The company’s stock had a trading volume of 4,608,160 shares, compared to its average volume of 4,176,757. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The company’s fifty day moving average price is $50.30 and its 200-day moving average price is $50.12.

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.