Financial Advocates Investment Management Raises Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Advocates Investment Management boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 34.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,934 shares of the company’s stock after acquiring an additional 4,050 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $815,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bogart Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Verus Capital Partners LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $36,000. Abich Financial Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $41,000. City State Bank purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at $50,000. Finally, Rise Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after buying an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.24 on Friday. The business’s 50-day moving average is $50.78 and its two-hundred day moving average is $50.42. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.78 and a fifty-two 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.