Cranbrook Wealth Management LLC Has $752,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cranbrook Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 48.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,991 shares of the company’s stock after buying an additional 4,881 shares during the quarter. Cranbrook Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $752,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $29,000. Bogart Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $41,000. Rise Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 131.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after buying an additional 648 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA:VTEB opened at $49.94 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a 50 day moving average of $50.38 and a 200-day moving average of $50.55.

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.