Magnus Financial Group LLC Acquires 7,614 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Magnus Financial Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 63.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,593 shares of the company’s stock after buying an additional 7,614 shares during the period. Magnus Financial Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $982,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VTEB. Sanctuary Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $71,067,000. Charles Schwab Investment Management Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the period. Creative Planning boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Finally, Astoria Strategic Wealth Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0 %

NYSEARCA:VTEB opened at $50.03 on Thursday. The company has a 50-day moving average of $50.36 and a 200-day moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week 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.