4WEALTH Advisors Inc. Acquires Shares of 21,777 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

4WEALTH Advisors Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,777 shares of the company’s stock, valued at approximately $1,092,000. Vanguard Tax-Exempt Bond ETF accounts for about 1.1% of 4WEALTH Advisors Inc.’s portfolio, making the stock its 23rd biggest position.

Several other hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 6.8% during the third quarter. World Investment Advisors LLC now owns 25,521 shares of the company’s stock worth $1,305,000 after acquiring an additional 1,618 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $949,000. Synovus Financial Corp lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 102.3% in the 3rd quarter. Synovus Financial Corp now owns 18,876 shares of the company’s stock worth $965,000 after buying an additional 9,543 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. Finally, General Partner Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $224,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Shares of VTEB stock opened at $48.98 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17. The stock’s 50-day moving average is $49.38 and its 200 day moving average is $50.00.

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.