Moneywise Inc. Buys 51,534 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Moneywise Inc. grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 82.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,257 shares of the company’s stock after purchasing an additional 51,534 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.9% of Moneywise Inc.’s portfolio, making the stock its 13th biggest position. Moneywise Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of VTEB. Naples Money Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth approximately $34,000. Verus Capital Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $36,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $41,000. City State Bank purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $50,000. Finally, Rise Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of NYSEARCA VTEB opened at $50.58 on Tuesday. The business’s 50 day moving average price is $50.85 and its 200-day moving average price is $50.41. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.17.

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.