Moneywise Inc. Grows Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Moneywise Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 82.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,257 shares of the company’s stock after purchasing an additional 51,534 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 2.9% of Moneywise Inc.’s portfolio, making the stock its 13th biggest holding. Moneywise Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,841,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Dynamic Advisor Solutions LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 7.4% during the first quarter. Dynamic Advisor Solutions LLC now owns 113,671 shares of the company’s stock valued at $5,752,000 after buying an additional 7,793 shares during the last quarter. Von Berge Wealth Management Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 30.8% during the first quarter. Von Berge Wealth Management Group LLC now owns 32,639 shares of the company’s stock valued at $1,652,000 after buying an additional 7,679 shares during the last quarter. Disciplined Investments LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 11.6% during the first quarter. Disciplined Investments LLC now owns 6,131 shares of the company’s stock valued at $310,000 after buying an additional 637 shares during the last quarter. McNamara Financial Services Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 6.5% during the first quarter. McNamara Financial Services Inc. now owns 103,941 shares of the company’s stock valued at $5,259,000 after buying an additional 6,366 shares during the last quarter. Finally, Eagle Wealth Strategies LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 2.0% during the first quarter. Eagle Wealth Strategies LLC now owns 13,805 shares of the company’s stock valued at $695,000 after buying an additional 267 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.58 on Tuesday. The stock has a 50 day moving average of $50.85 and a 200 day moving average of $50.41. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month 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.