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 December 16, 2024, VTEB stock price climbed to $50.56 with 3,952,459 million shares trading.

VTEB has a beta of 0.07, meaning it tends to be less sensitive to market movements. VTEB has a correlation of 0.05 to the broad based SPY ETF.

VTEB has a market cap of $36.36 billion. This is considered a Large Cap stock.

In the last 3 years, VTEB traded as high as $55.03 and as low as $47.14.

VTEB has underperformed the market in the last year with a price return of +3.0% while the SPY ETF gained +30.5%. VTEB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.1% and -0.4%, respectively, while the SPY returned +8.3% and +0.7%, respectively.

VTEB support price is $50.39 and resistance is $50.61 (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.