Graves Light Lenhart Wealth Inc. Purchases 50,433 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Graves Light Lenhart Wealth Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 277,993 shares of the company’s stock after purchasing an additional 50,433 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.2% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its 25th largest holding. Graves Light Lenhart Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,166,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VTEB. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during 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 period. Sei Investments Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after buying an additional 659,339 shares during the last quarter. Bank of America Corp DE raised its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after acquiring an additional 594,110 shares during the period. Envestnet Asset Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after acquiring an additional 450,334 shares during the period. Finally, Corient Private Wealth LP raised its stake in Vanguard Tax-Exempt Bond ETF by 1.2% during the second quarter. Corient Private Wealth LP now owns 4,537,521 shares of the company’s stock worth $229,508,000 after acquiring an additional 54,932 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $47.13 on Friday. The firm’s 50-day moving average price is $48.73 and its two-hundred day moving average price is $49.67. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18.

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.