VTEB Stock Summary and Trading Ideas (Vanguard Tax-Exempt Bond ETF | ARCA:VTEB)

Vanguard Tax-Exempt Bond Index ETF seeks to track the performance of a benchmark index that measures the investment-grade segment of the U.S. municipal bond market. The S&P National AMT-Free Municipal Bond Index is a broad, comprehensive, market value-weighted index designed to measure the performance of the investment-grade tax-exempt U.S. municipal bond market. Bonds issued by U.S. territories, including Puerto Rico, are excluded from this index.

Vanguard Tax-Exempt Bond ETF trades on the ARCA stock market under the symbol VTEB.

As of October 31, 2024, VTEB stock price declined to $50.28 with 1,688,541 million shares trading.

VTEB has a beta of 0.11, meaning it tends to be less sensitive to market movements. VTEB has a correlation of 0.09 to the broad based SPY ETF.

VTEB has a market cap of $35.02 billion. This is considered a Large Cap stock.

In the last 3 years, VTEB traded as high as $55.07 and as low as $47.14.

VTEB has underperformed the market in the last year with a return of +9.4%, while the SPY ETF gained +39.0%. In the last 3 month period, VTEB fell short of the market, returning +0.4%, while SPY returned +5.6%. However, in the most recent 2 weeks VTEB has outperformed the stock market by returning -1.1%, while SPY returned -2.0%.

VTEB support price is $50.23 and resistance is $50.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTEB shares will trade within this expected range on the day.