Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by BCGM Wealth Management LLC

BCGM Wealth Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 56.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 28,792 shares of the company’s stock after purchasing an additional 10,434 shares during the quarter. BCGM Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VTEB. Sawgrass Asset Management LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 71.6% during the third quarter. Sawgrass Asset Management LLC now owns 9,445 shares of the company’s stock worth $483,000 after acquiring an additional 3,940 shares during the last quarter. LJI Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.0% during the 3rd quarter. LJI Wealth Management LLC now owns 24,366 shares of the company’s stock worth $1,246,000 after purchasing an additional 1,594 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the third quarter. Natixis Advisors LLC now owns 187,568 shares of the company’s stock worth $9,588,000 after purchasing an additional 9,756 shares during the last quarter. Evolution Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.8% in the third quarter. Evolution Wealth Advisors LLC now owns 40,792 shares of the company’s stock valued at $2,085,000 after purchasing an additional 1,871 shares during the period. Finally, Linscomb Wealth Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the third quarter. Linscomb Wealth Inc. now owns 43,925 shares of the company’s stock valued at $2,245,000 after purchasing an additional 3,154 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

NYSEARCA VTEB opened at $50.53 on Friday. The business’s 50-day moving average price is $50.69 and its 200 day moving average price is $50.45. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.00 and a twelve month high of $51.17.

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.