Independent Advisor Alliance Boosts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Independent Advisor Alliance raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 127.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,630,944 shares of the company’s stock after acquiring an additional 913,158 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.9% of Independent Advisor Alliance’s investment portfolio, making the stock its 6th largest position. Independent Advisor Alliance’s holdings in Vanguard Tax-Exempt Bond ETF were worth $81,142,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Stone Point Wealth LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the fourth quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock valued at $1,551,000 after purchasing an additional 723 shares during the period. Boyd Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 6.4% in the fourth quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock worth $1,737,000 after acquiring an additional 2,049 shares during the period. Mariner LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 5.5% in the third quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock worth $124,948,000 after acquiring an additional 135,766 shares during the period. Vise Technologies Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 6.8% in the fourth quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock worth $3,592,000 after acquiring an additional 4,458 shares during the period. Finally, Nicholas Hoffman & Company LLC. lifted its stake in Vanguard Tax-Exempt Bond ETF by 39.1% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 6,680 shares of the company’s stock worth $341,000 after acquiring an additional 1,878 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

NYSEARCA:VTEB traded down $0.16 during mid-day trading on Friday, reaching $50.10. The company’s stock had a trading volume of 6,505,981 shares, compared to its average volume of 4,164,147. The stock has a fifty day moving average of $50.22 and a 200-day moving average of $50.26. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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