Argos Wealth Advisors LLC Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Argos Wealth Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 42,952 shares of the company’s stock, valued at approximately $2,160,000. Vanguard Tax-Exempt Bond ETF comprises about 0.6% of Argos Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other hedge funds have also made changes to their positions in the stock. PFG Investments LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after acquiring an additional 198 shares during the last quarter. Quantum Financial Planning Services Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after acquiring an additional 199 shares during the last quarter. James Investment Research Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the 3rd quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock valued at $1,454,000 after acquiring an additional 200 shares during the last quarter. Jordan Park Trust Co LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.8% during the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after purchasing an additional 200 shares during the period. Finally, Moseley Investment Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock valued at $505,000 after purchasing an additional 206 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.12 on Wednesday. The business has a 50 day moving average price of $50.22 and a 200 day moving average price of $50.39. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18.

About Vanguard Tax-Exempt Bond ETF

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.