VTEB Vanguard Tax-Exempt Bond ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel floor · 18-month channel rising
Price is on the lower line, where it has held before.
- 18-month channel read from
- US$49.99 – US$50.16 · rising, +4% a year
- 12-month channel
- US$48.50 – US$50.06 · going sideways, −0% a year
- Price in channel
- −636% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$50.06
- Published levels
- Buy and target are not from this channel — see below.
Price history, with the path projected 3 months forward
Updated 5:33 AM ET (54 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: its projected path only reaches 4.8% above the entry within 90 days, under the 6.0% floor a call has to clear to be worth making Levels below are for reference only.
Buy now
US$48.90
last close · 30 Oct 2026
Our target
US$50.28
by 30 Jan 2027
Projected move
2.8%
gross, before costs
Last close is our buy.
- Upper line touches
- 6
- Lower line touches
- 6
- Fit confidence
- 50%
- Fitted
- 1 Nov 2026
Company information
About Vanguard Tax-Exempt Bond ETF
This index-tracking fund aims to mirror the performance of a specific benchmark, the Standard & Poor's National AMT-Free Municipal Bond Index, which represents the investment-grade segment of the U.S. municipal bond market. It achieves this by employing a sampling strategy, carefully selecting a portion of the index's holdings to replicate its overall characteristics. A minimum of 80% of its assets will be invested in securities included in this target index. Crucially, under typical market conditions, at least 80% of the fund's portfolio will consist of bonds generating income that is exempt from both federal income tax and the federal alternative minimum tax (AMT). A primary risk is its sensitivity to interest rate fluctuations: rising rates can lead to a decrease in bond prices, while falling rates may eventually reduce the income distributed by the fund. This fund is designed for investors seeking potentially tax-free federal income who are comfortable with moderate swings in both investment value and distributed income. To maintain diversification, for 75% of its total assets, the fund generally restricts its holdings: it won't acquire more than 10% of an issuer's voting securities, nor will it invest more than 5% of its total assets in a single issuer's securities. Exceptions to these limits apply when necessary to match the target index's composition or when investing in U.S. government or agency obligations.
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Country
- US
https://investor.vanguard.com/investment-products/etfs/profile/vteb
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$48.10B
- Enterprise value
- —
- Beta
- 0.95
- Avg volume
- 7.64M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 48.86-51.18
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.