Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by 1900 Wealth Management LLC

1900 Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 227,290 shares of the company’s stock after purchasing an additional 26,397 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.8% of 1900 Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. 1900 Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VTEB. Facet Wealth Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 314.4% during the 1st quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock worth $112,088,000 after acquiring an additional 1,741,949 shares in the last quarter. Garde Capital Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $47,163,000. Raymond James Financial Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock worth $1,076,258,000 after acquiring an additional 912,969 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock worth $1,711,760,000 after acquiring an additional 857,098 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 20.7% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,630,555 shares of the company’s stock worth $229,768,000 after acquiring an additional 792,628 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $49.99 on Friday. The stock has a 50-day simple moving average of $49.31 and a 200-day simple moving average of $49.04. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.11.

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.