Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Riversedge Advisors LLC

Riversedge Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 303,926 shares of the company’s stock after purchasing an additional 44,461 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 2.9% of Riversedge Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Riversedge Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,902,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after purchasing an additional 857,098 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.4% in 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. LPL Financial LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 10.1% in 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. Aspiriant LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% in 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. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 20.7% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,630,555 shares of the company’s stock valued at $229,768,000 after purchasing an additional 792,628 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.12 on Tuesday. The firm’s 50 day moving average price is $48.95 and its 200-day moving average price is $49.03. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.17.

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.