Graves Light Lenhart Wealth Inc. Buys 58,138 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Graves Light Lenhart Wealth Inc. raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 34.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 227,560 shares of the company’s stock after buying an additional 58,138 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.1% of Graves Light Lenhart Wealth Inc.’s portfolio, making the stock its 24th largest position. Graves Light Lenhart Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Rothschild Investment LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after buying an additional 425 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $25,000. Nepc LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $37,000. Finally, Arlington Trust Co LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $38,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.69 on Thursday. The company’s 50 day simple moving average is $50.20 and its 200 day simple moving average is $50.30. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.76 and a fifty-two 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.