Rede Wealth LLC Has $2.92 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Rede Wealth LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,775 shares of the company’s stock after acquiring an additional 9,922 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 1.0% of Rede Wealth LLC’s investment portfolio, making the stock its 10th biggest holding. Rede Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,916,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after purchasing an additional 912,969 shares during the last quarter. Northern Trust Corp grew its position in Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Northern Trust Corp now owns 16,099,227 shares of the company’s stock valued at $807,054,000 after purchasing an additional 616,932 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Tax-Exempt Bond ETF by 8.9% during the 4th quarter. Bank of America Corp DE now owns 9,912,634 shares of the company’s stock valued at $496,920,000 after purchasing an additional 808,213 shares during the last quarter. LPL Financial LLC grew its position in Vanguard Tax-Exempt Bond ETF by 10.1% during the 1st quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock valued at $295,588,000 after purchasing an additional 545,244 shares during the last quarter. Finally, Aspiriant LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.3% during the 1st quarter. Aspiriant LLC now owns 5,235,595 shares of the company’s stock valued at $259,790,000 after purchasing an additional 65,231 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $48.83 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.17. The company’s 50-day moving average is $48.82 and its 200 day moving average is $49.16.

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.