Opes Wealth Management LLC Acquires 2,505 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Opes Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,690 shares of the company’s stock after purchasing an additional 2,505 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,738,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Per Stirling Capital Management LLC. boosted its position 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 valued at $5,410,000 after buying an additional 480 shares during the period. Vise Technologies Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 6.8% during the 4th quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock valued at $3,592,000 after acquiring an additional 4,458 shares during the period. Vermillion & White Wealth Management Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $47,000. LRI Investments LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $172,000. Finally, American National Bank boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 78.0% during the first quarter. American National Bank now owns 10,766 shares of the company’s stock valued at $545,000 after purchasing an additional 4,716 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.89 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The company’s 50 day moving average price is $50.56 and its 200-day moving average price is $50.34.

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.