Founders Grove Wealth Partners LLC Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Founders Grove Wealth Partners LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, HoldingsChannel reports. The fund purchased 32,650 shares of the company’s stock, valued at approximately $1,637,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Merkkuri Wealth Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after purchasing an additional 202 shares during the period. Glass Jacobson Investment Advisors llc grew its stake in Vanguard Tax-Exempt Bond ETF by 0.8% during the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock worth $1,350,000 after purchasing an additional 204 shares during the period. Magnus Financial Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 2.0% during the third quarter. Magnus Financial Group LLC now owns 11,979 shares of the company’s stock worth $612,000 after purchasing an additional 234 shares during the period. Beta Wealth Group Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 0.6% during the third quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after purchasing an additional 234 shares during the period. Finally, Columbus Macro LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 0.9% during the third quarter. Columbus Macro LLC now owns 26,803 shares of the company’s stock worth $1,359,000 after purchasing an additional 237 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

NYSEARCA VTEB opened at $49.54 on Wednesday. The business has a 50 day simple moving average of $50.40 and a 200 day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year 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.