Envestnet Portfolio Solutions Inc. Grows Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Envestnet Portfolio Solutions Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 747.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 617,889 shares of the company’s stock after purchasing an additional 544,946 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.08% of Vanguard Tax-Exempt Bond ETF worth $30,938,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VTEB. Fairway Wealth LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $28,000. Wolff Wiese Magana LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after acquiring an additional 216 shares during the last quarter. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Sound Income Strategies LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% during the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after purchasing an additional 780 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after acquiring an additional 279 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

VTEB stock opened at $50.48 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68. The firm’s 50-day simple moving average is $50.36 and its 200 day simple moving average is $49.84.

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.