12,107 Shares in Vanguard Tax-Exempt Bond ETF $VTEB Acquired by Pension & Wealth Management Advisors Inc.

Pension & Wealth Management Advisors Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,107 shares of the company’s stock, valued at approximately $573,000.

A number of other institutional investors have also recently made changes to their positions in VTEB. Wealthfront Advisers LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the last quarter. Sei Investments Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after purchasing an additional 659,339 shares during the period. Bank of America Corp DE raised its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after buying an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after acquiring an additional 473,743 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after purchasing an additional 450,334 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of NYSEARCA:VTEB traded up $0.04 on Friday, hitting $48.00. The company had a trading volume of 22,688,093 shares, compared to its average volume of 11,374,937. The firm’s 50-day simple moving average is $48.49 and its two-hundred day simple moving average is $49.58. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18.

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.