Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lifted by Wealth Management Resources Inc.

Wealth Management Resources Inc. raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,217 shares of the company’s stock after buying an additional 7,000 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.3% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 27th largest holding. Wealth Management Resources Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $863,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares during the period. Rise Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares during the period. Moisand Fitzgerald Tamayo LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 131.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after buying an additional 648 shares during the last quarter. Finally, Marquette Asset Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $59,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.00 on Friday. The stock’s 50 day moving average price is $50.34 and its 200 day moving average price is $50.55. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

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.