Forvis Mazars Wealth Advisors LLC Raises Position in Vanguard Tax-Exempt Bond ETF $VTEB

Forvis Mazars Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 41.6% in the third quarter, HoldingsChannel reports. The fund owned 216,846 shares of the company’s stock after purchasing an additional 63,743 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of VTEB. HB Wealth Management LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after buying an additional 7,552 shares during the period. Eclectic Associates Inc. ADV increased its position in shares of Vanguard Tax-Exempt Bond ETF by 89.5% during the third quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock worth $2,547,000 after acquiring an additional 24,014 shares during the period. Allen Capital Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 178.5% during the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after acquiring an additional 16,255 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $211,000. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the third quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock valued at $5,641,000 after purchasing an additional 12,075 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.43 on Wednesday. The business’s 50 day moving average is $50.36 and its 200 day moving average is $49.83. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $50.68.

Vanguard Tax-Exempt Bond ETF 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.