Magnolia Private Wealth LLC Has $690,000 Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Magnolia Private Wealth LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 45.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,067 shares of the company’s stock after selling 11,568 shares during the quarter. Magnolia Private Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $690,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after buying an additional 857,098 shares during the last quarter. Raymond James Financial Inc. grew its stake 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. LPL Financial LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 10.1% in the 1st quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock valued at $295,588,000 after buying an additional 545,244 shares during the last quarter. Aspiriant LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.3% in the 1st quarter. Aspiriant LLC now owns 5,235,595 shares of the company’s stock valued at $259,790,000 after buying an additional 65,231 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 20.7% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,630,555 shares of the company’s stock valued at $229,768,000 after buying an additional 792,628 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

NYSEARCA:VTEB opened at $50.07 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.16. The firm’s fifty day simple moving average is $49.25 and its 200 day simple moving average is $49.04.

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.