Spartan Wealth Advisory Services LLC Makes New $2.33 Million Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Spartan Wealth Advisory Services LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 46,741 shares of the company’s stock, valued at approximately $2,332,000.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Tax-Exempt Bond ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after purchasing an additional 903,850 shares during the last quarter. Morgan Stanley grew its position in Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after purchasing an additional 2,173,235 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after purchasing an additional 2,396,916 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEB opened at $50.13 on Friday. The company has a 50-day simple moving average of $50.27 and a 200-day simple moving average of $50.37. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week 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.