Next Level Wealth Planning LLC Raises Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Next Level Wealth Planning LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 54.0% during the 2nd quarter, Holdings Channel reports. The fund owned 6,535 shares of the company’s stock after buying an additional 2,292 shares during the quarter. Next Level Wealth Planning LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. HB Wealth Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 51.8% during the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after purchasing an additional 7,552 shares during the period. Sowell Financial Services LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $211,000. Millennium Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 75.8% in the fourth quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock worth $480,000 after acquiring an additional 4,128 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth $222,000. Finally, Vanguard Group Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 7.7% during the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock worth $187,078,000 after acquiring an additional 270,058 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.98 on Monday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09. The business’s fifty day simple moving average is $49.34 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.