Bedel Financial Consulting Inc. Purchases 11,880 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Bedel Financial Consulting Inc. raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 703,776 shares of the company’s stock after buying an additional 11,880 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 4.0% of Bedel Financial Consulting Inc.’s portfolio, making the stock its 3rd largest position. Bedel Financial Consulting Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $35,111,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VTEB. Chesley Taft & Associates LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after purchasing an additional 23,425 shares in the last quarter. Bear Mountain Capital Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 418.3% in the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after buying an additional 82,764 shares during the period. Apella Capital LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.5% in the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after buying an additional 44,649 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 4.3% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock valued at $281,599,000 after buying an additional 232,640 shares during the last quarter. Finally, Master S Wealth Management Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $4,104,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.34 on Monday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The firm’s 50 day simple moving average is $50.27 and its 200 day simple moving average is $50.37.

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.