Topsail Wealth Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,105,980 shares of the company’s stock after buying an additional 11,107 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 8.1% of Topsail Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Topsail Wealth Management LLC owned 0.13% of Vanguard Tax-Exempt Bond ETF worth $55,620,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of VTEB. Wellington Management Group LLP bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $347,641,000. Betterment LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 87.6% during the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after buying an additional 3,458,654 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Vanguard Tax-Exempt Bond ETF by 49.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after buying an additional 3,187,040 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after buying an additional 1,889,400 shares in the last quarter.
Vanguard Tax-Exempt Bond ETF Stock Performance
NYSEARCA VTEB opened at $50.12 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The stock’s 50-day moving average is $50.22 and its two-hundred day moving average is $50.39.
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.
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