RWA Wealth Partners LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

RWA Wealth Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.0% in the second quarter, HoldingsChannel.com reports. The fund owned 3,638,035 shares of the company’s stock after acquiring an additional 205,063 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 2.2% of RWA Wealth Partners LLC’s investment portfolio, making the stock its 9th biggest position. RWA Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $178,373,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VTEB. Bank of New York Mellon Corp grew its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of New York Mellon Corp now owns 1,258,445 shares of the company’s stock worth $62,444,000 after buying an additional 59,188 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 145.1% during the 1st quarter. Nisa Investment Advisors LLC now owns 274,795 shares of the company’s stock worth $13,635,000 after acquiring an additional 162,680 shares during the period. Cerity Partners LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.8% during the 1st quarter. Cerity Partners LLC now owns 4,109,767 shares of the company’s stock worth $203,927,000 after acquiring an additional 110,937 shares in the last quarter. Croban bought a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $1,021,000. Finally, Sage Rhino Capital LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 5.8% in the first quarter. Sage Rhino Capital LLC now owns 39,794 shares of the company’s stock valued at $1,975,000 after acquiring an additional 2,192 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.36 on Friday. The firm has a 50 day simple moving average of $50.10 and a two-hundred day simple moving average of $49.27. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.09.

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.