Empower Advisory Group LLC Grows Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Empower Advisory Group LLC lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 314,116 shares of the company’s stock after buying an additional 15,340 shares during the period. Empower Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $16,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of VTEB. Bogart Wealth LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Verus Capital Partners LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $36,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $41,000. City State Bank purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $50,000. Finally, Rise Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $50.33 on Thursday. The stock’s fifty day moving average price is $50.72 and its 200-day moving average price is $50.45. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.80 and a 1 year high of $51.17.

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.