Orgel Wealth Management LLC Buys 120,817 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Orgel Wealth Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,956,969 shares of the company’s stock after purchasing an additional 120,817 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.7% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Orgel Wealth Management LLC owned approximately 0.35% of Vanguard Tax-Exempt Bond ETF worth $99,023,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Stone Point Wealth LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the 4th quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock valued at $1,551,000 after acquiring an additional 723 shares in the last quarter. Boyd Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 6.4% during the 4th quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock worth $1,737,000 after purchasing an additional 2,049 shares in the last quarter. Per Stirling Capital Management LLC. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock worth $5,410,000 after buying an additional 480 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.8% during the fourth quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock valued at $3,592,000 after purchasing an additional 4,458 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $47,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.09 during trading hours on Thursday, reaching $50.24. The company had a trading volume of 611,708 shares, compared to its average volume of 4,139,093. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The business has a fifty day simple moving average of $50.03 and a 200 day simple moving average of $50.42.

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.