Wetzel Investment Advisors Inc. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wetzel Investment Advisors Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,648 shares of the company’s stock, valued at approximately $850,000.

Other institutional investors also recently modified their holdings of the company. Stone Point Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2.4% in the fourth quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock valued at $1,551,000 after purchasing an additional 723 shares in the last quarter. Boyd Wealth Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 6.4% in the fourth quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock valued at $1,737,000 after purchasing an additional 2,049 shares in the last quarter. Mariner LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 5.5% in the third quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock valued at $124,948,000 after purchasing an additional 135,766 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 4.4% during the third quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock worth $2,312,000 after acquiring an additional 2,063 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 270.3% during the third quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock worth $176,000 after acquiring an additional 2,673 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

NYSEARCA VTEB traded up $0.03 during trading on Friday, hitting $49.97. 3,590,618 shares of the company’s stock were exchanged, compared to its average volume of 4,187,277. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The stock’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $49.90.

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.