Modera Wealth Management LLC Acquires 179,214 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Modera Wealth Management LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 793,036 shares of the company’s stock after buying an additional 179,214 shares during the period. Modera Wealth Management LLC owned about 0.08% of Vanguard Tax-Exempt Bond ETF worth $37,558,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $38,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $40,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $49,000. Trust Co. of Vermont acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $50,000. Finally, Asset Dedication LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $51,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4%

VTEB opened at $48.88 on Friday. The firm’s 50 day moving average is $48.26 and its 200-day moving average is $49.76. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18.

About Vanguard Tax-Exempt Bond ETF

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.