Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Alaethes Wealth LLC

Alaethes Wealth LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 117,772 shares of the company’s stock after purchasing an additional 22,058 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 2.4% of Alaethes Wealth LLC’s holdings, making the stock its 7th biggest holding. Alaethes Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,902,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Per Stirling Capital Management LLC. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.5% in the fourth quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock worth $5,410,000 after purchasing an additional 480 shares during the period. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $47,000. LRI Investments LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $172,000. American National Bank grew its position in shares of Vanguard Tax-Exempt Bond ETF by 78.0% during the 1st quarter. American National Bank now owns 10,766 shares of the company’s stock valued at $545,000 after buying an additional 4,716 shares during the last quarter. Finally, Visionary Wealth Advisors raised its stake in Vanguard Tax-Exempt Bond ETF by 6.3% during the fourth quarter. Visionary Wealth Advisors now owns 72,066 shares of the company’s stock worth $3,679,000 after acquiring an additional 4,287 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $51.04 on Friday. The business has a 50 day moving average of $50.71 and a two-hundred day moving average of $50.37. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week 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.