Cliftonlarsonallen Wealth Advisors LLC Purchases 219,309 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cliftonlarsonallen Wealth Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,837,927 shares of the company’s stock after acquiring an additional 219,309 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 3.7% of Cliftonlarsonallen Wealth Advisors LLC’s portfolio, making the stock its 5th biggest holding. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $192,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VTEB. BOKF NA purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $62,000. Parallel Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 175.7% in the 2nd quarter. Parallel Advisors LLC now owns 8,979 shares of the company’s stock valued at $450,000 after acquiring an additional 5,722 shares during the period. Citizens Financial Group Inc. RI purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $229,000. Edgestream Partners L.P. acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $1,905,000. Finally, Firestone Capital Management raised its position in Vanguard Tax-Exempt Bond ETF by 10.0% during the second quarter. Firestone Capital Management now owns 199,587 shares of the company’s stock worth $10,001,000 after acquiring an additional 18,123 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.5 %

Shares of NYSEARCA VTEB traded up $0.26 during trading on Wednesday, hitting $49.80. The company had a trading volume of 306,245 shares, compared to its average volume of 4,597,224. The stock has a fifty day simple moving average of $50.40 and a two-hundred day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

About Vanguard Tax-Exempt Bond ETF

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.