Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 45.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,147 shares of the company’s stock after acquiring an additional 35,110 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,690,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Midwest Financial Partners Investments Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $496,000. Wrapmanager Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $283,000. One Degree Advisors Inc raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 95.0% in the fourth quarter. One Degree Advisors Inc now owns 156,705 shares of the company’s stock worth $7,880,000 after acquiring an additional 76,338 shares during the last quarter. Hexagon Capital Partners LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 32.7% in the fourth quarter. Hexagon Capital Partners LLC now owns 26,973 shares of the company’s stock worth $1,356,000 after acquiring an additional 6,643 shares during the last quarter. Finally, FourThought Financial Partners LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.9% in the fourth quarter. FourThought Financial Partners LLC now owns 65,293 shares of the company’s stock worth $3,284,000 after acquiring an additional 1,229 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.88 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The business has a fifty day moving average of $50.12 and a 200-day moving average of $50.36.

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.