Acumen Wealth Advisors LLC Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Acumen Wealth Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 167,287 shares of the company’s stock after acquiring an additional 21,138 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.2% of Acumen Wealth Advisors LLC’s holdings, making the stock its 13th largest holding. Acumen Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PFG Investments LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.3% in the fourth quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock worth $800,000 after buying an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 2.1% during the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after acquiring an additional 199 shares in the last quarter. Jordan Park Trust Co LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after acquiring an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock valued at $257,000 after acquiring an additional 200 shares during the period. Finally, Intrua Financial LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.8% in the 1st quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock valued at $272,000 after acquiring an additional 200 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $49.95 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The stock has a fifty day moving average price of $50.26 and a 200-day moving average price of $50.36.

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.