Foster & Motley Inc. Increases Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Foster & Motley Inc. raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305,074 shares of the company’s stock after buying an additional 17,495 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.8% of Foster & Motley Inc.’s investment portfolio, making the stock its 23rd biggest position. Foster & Motley Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,275,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Litman Gregory Wealth Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.6% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $230,000 after acquiring an additional 204 shares during the period. Wolff Wiese Magana LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after purchasing an additional 216 shares in the last quarter. FDx Advisors Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% in the second quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock valued at $2,398,000 after purchasing an additional 218 shares during the period. Chicago Partners Investment Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.3% in the second quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock valued at $3,135,000 after purchasing an additional 221 shares during the period. Finally, Zhang Financial LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.6% in the second quarter. Zhang Financial LLC now owns 13,841 shares of the company’s stock valued at $679,000 after buying an additional 224 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

Shares of VTEB stock opened at $50.55 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $50.68. The stock has a 50 day simple moving average of $50.33 and a 200-day simple moving average of $49.72.

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.