Curtis Wealth Management LLC Invests $1.57 Million in Vanguard Tax-Exempt Bond ETF $VTEB

Curtis Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 31,117 shares of the company’s stock, valued at approximately $1,573,000. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.4% of Curtis Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after purchasing an additional 903,850 shares during the period. Wealthfront Advisers LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after acquiring an additional 1,889,400 shares during the last quarter. Raymond James Financial Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after acquiring an additional 386,204 shares during the last quarter. TIAA Trust National Association lifted its position in Vanguard Tax-Exempt Bond ETF by 14.4% during the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after acquiring an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock valued at $693,922,000 after acquiring an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The firm has a 50 day moving average of $50.15 and a 200 day moving average of $50.35.

Vanguard Tax-Exempt Bond ETF 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.