Opes Wealth Management LLC Raises Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Opes Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,052 shares of the company’s stock after acquiring an additional 7,493 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,699,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 2nd quarter. Carnegie Investment Counsel now owns 350,253 shares of the company’s stock worth $17,173,000 after purchasing an additional 8,466 shares during the period. First Citizens Bank & Trust Co. lifted its position in Vanguard Tax-Exempt Bond ETF by 8.2% during the second quarter. First Citizens Bank & Trust Co. now owns 33,356 shares of the company’s stock valued at $1,635,000 after buying an additional 2,523 shares in the last quarter. Roman Butler Fullerton & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 14.0% during the second quarter. Roman Butler Fullerton & Co. now owns 10,259 shares of the company’s stock worth $498,000 after buying an additional 1,259 shares during the period. Strategic Blueprint LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 14.0% in the second quarter. Strategic Blueprint LLC now owns 210,218 shares of the company’s stock worth $10,307,000 after acquiring an additional 25,866 shares in the last quarter. Finally, Sonata Capital Group Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.9% in the 2nd quarter. Sonata Capital Group Inc. now owns 60,280 shares of the company’s stock valued at $2,956,000 after acquiring an additional 1,100 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.54 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.09. The firm’s fifty day simple moving average is $49.77 and its 200 day simple moving average is $49.12.

About Vanguard Tax-Exempt Bond ETF

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.