Orgel Wealth Management LLC Acquires 394,907 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Orgel Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,488,119 shares of the company’s stock after purchasing an additional 394,907 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 3.2% of Orgel Wealth Management LLC’s holdings, making the stock its 13th largest position. Orgel Wealth Management LLC owned about 0.39% of Vanguard Tax-Exempt Bond ETF worth $127,193,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Steele Capital Management Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.9% during the second quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after buying an additional 200 shares during the last quarter. Kohmann Bosshard Financial Services LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.3% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock valued at $757,000 after purchasing an additional 201 shares during the last quarter. Transcendent Capital Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after purchasing an additional 201 shares during the period. Glass Jacobson Investment Advisors llc grew its position in Vanguard Tax-Exempt Bond ETF by 0.8% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock worth $1,350,000 after purchasing an additional 204 shares during the last quarter. Finally, Vicus Capital increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.3% during the 1st quarter. Vicus Capital now owns 60,058 shares of the company’s stock worth $3,039,000 after purchasing an additional 206 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

NYSEARCA VTEB opened at $50.76 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.17. The firm has a 50-day simple moving average of $50.85 and a 200 day simple moving average of $50.40.

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.