Heritage Wealth Management Inc. Texas Makes New $671,000 Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Heritage Wealth Management Inc. Texas acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 14,165 shares of the company’s stock, valued at approximately $671,000. Vanguard Tax-Exempt Bond ETF makes up 0.3% of Heritage Wealth Management Inc. Texas’ holdings, making the stock its 21st biggest position.

A number of other hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. boosted its stake 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 worth $706,677,000 after purchasing an additional 659,339 shares during the period. Bank of America Corp DE boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after purchasing an additional 594,110 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.8%

Shares of NYSEARCA:VTEB opened at $48.79 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.87 and a 12 month high of $51.18. The firm’s 50-day moving average is $48.19 and its 200 day moving average is $49.69.

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.