FSM Wealth Advisors LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

FSM Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 117.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,451 shares of the company’s stock after acquiring an additional 11,590 shares during the period. FSM Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,074,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after purchasing an additional 216 shares during the last quarter. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $29,000. Sound Income Strategies LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% during the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after buying an additional 780 shares in the last quarter. Avalon Trust Co bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $49,000. Finally, Clear Investment Research LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $50,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0%

Shares of NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $50.68. The firm’s 50 day simple moving average is $50.36 and its two-hundred day simple moving average is $49.64.

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.