Meridian Wealth Management LLC Purchases Shares of 62,260 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Meridian Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62,260 shares of the company’s stock, valued at approximately $3,183,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TIAA Trust National Association increased its position in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares during the period. Jane Street Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter worth $82,895,000. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth $71,067,000. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares during the period. Finally, Creative Planning increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after buying an additional 796,659 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

VTEB opened at $50.62 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.31 and a twelve month high of $51.17. The company has a fifty day moving average of $50.66 and a 200-day moving average of $50.47.

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.