Verus Wealth Management LLC Acquires 46,075 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Verus Wealth Management LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 97.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,325 shares of the company’s stock after purchasing an additional 46,075 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 4.4% of Verus Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Verus Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,673,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Ancora Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% during the first quarter. Ancora Advisors LLC now owns 5,917 shares of the company’s stock worth $294,000 after acquiring an additional 926 shares during the period. AQR Capital Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 255.6% in the 1st quarter. AQR Capital Management LLC now owns 125,935 shares of the company’s stock worth $6,249,000 after purchasing an additional 90,518 shares during the period. Ruggaard & Associates LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $270,000. Sheridan Capital Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $251,000. Finally, Financial Strategies Group Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.0% in the 1st quarter. Financial Strategies Group Inc. now owns 48,510 shares of the company’s stock valued at $2,358,000 after purchasing an additional 3,166 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

VTEB stock opened at $50.37 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68. The business has a 50-day moving average of $50.33 and a 200-day moving average of $49.69.

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.