6,486 Shares in Vanguard Tax-Exempt Bond ETF $VTEB Acquired by Apex Wealth Management LLC

Apex Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 6,486 shares of the company’s stock, valued at approximately $318,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Facet Wealth Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 314.4% in the 1st quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock worth $112,088,000 after purchasing an additional 1,741,949 shares during the last quarter. Raymond James Financial Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 4.4% in the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after buying an additional 912,969 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock worth $1,711,760,000 after purchasing an additional 857,098 shares during the last quarter. Focus Partners Wealth increased its position in shares of Vanguard Tax-Exempt Bond ETF by 293.6% in the first quarter. Focus Partners Wealth now owns 909,113 shares of the company’s stock valued at $45,110,000 after acquiring an additional 678,116 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 94.1% in the 1st quarter. Wealthspire Advisors LLC now owns 1,368,394 shares of the company’s stock valued at $67,900,000 after buying an additional 663,517 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.52 on Wednesday. The company’s 50-day moving average is $50.16 and its 200-day moving average is $49.31. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.09.

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.