Wetzel Investment Advisors Inc. Acquires New Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wetzel Investment Advisors Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, Holdings Channel reports. The firm acquired 16,648 shares of the company’s stock, valued at approximately $850,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TriaGen Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.0% during the 4th quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock valued at $1,078,000 after buying an additional 206 shares in the last quarter. Pinnacle Associates Ltd. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 49,291 shares of the company’s stock valued at $2,371,000 after buying an additional 215 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% during the 1st quarter. Ameritas Investment Partners Inc. now owns 10,996 shares of the company’s stock valued at $566,000 after buying an additional 223 shares in the last quarter. Snider Financial Group grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.6% during the fourth quarter. Snider Financial Group now owns 38,914 shares of the company’s stock worth $1,987,000 after purchasing an additional 248 shares in the last quarter. Finally, Long Run Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.1% during the fourth quarter. Long Run Wealth Advisors LLC now owns 5,150 shares of the company’s stock worth $263,000 after purchasing an additional 250 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA VTEB traded up $0.03 during midday trading on Friday, hitting $49.97. 3,590,618 shares of the company’s stock were exchanged, compared to its average volume of 4,187,277. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15. The business’s fifty day moving average price is $50.48 and its two-hundred day moving average price is $49.90.

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.