Level Wealth Management LLC Buys 31,558 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Level Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,542 shares of the company’s stock after buying an additional 31,558 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 5.1% of Level Wealth Management LLC’s holdings, making the stock its 5th biggest holding. Level Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,884,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CENTRAL TRUST Co increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 23.1% in the 4th quarter. CENTRAL TRUST Co now owns 2,812 shares of the company’s stock valued at $141,000 after acquiring an additional 528 shares during the last quarter. Legacy Edge Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $12,507,000. Breakwater Investment Management increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.6% in the 4th quarter. Breakwater Investment Management now owns 22,684 shares of the company’s stock valued at $1,141,000 after acquiring an additional 577 shares during the last quarter. Pittenger & Anderson Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $54,000. Finally, CX Institutional increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. CX Institutional now owns 564,405 shares of the company’s stock valued at $28,384,000 after acquiring an additional 22,442 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3%

Shares of VTEB stock opened at $50.17 on Friday. The stock has a 50-day moving average of $50.33 and a 200-day moving average of $50.41. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18.

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.