Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Twele Capital Management Inc.

Twele Capital Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 57.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,307 shares of the company’s stock after buying an additional 14,678 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 0.3% of Twele Capital Management Inc.’s holdings, making the stock its 21st biggest holding. Twele Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,909,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Boston Standard Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $30,567,000. HB Wealth Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 40.4% during the 2nd quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock worth $2,459,000 after purchasing an additional 13,980 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $1,487,000. Lutz Financial Services LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.6% during the first quarter. Lutz Financial Services LLC now owns 1,569,663 shares of the company’s stock worth $78,311,000 after purchasing an additional 82,868 shares during the period. Finally, Vested Financial Planning LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 25.2% during the second quarter. Vested Financial Planning LLC now owns 168,500 shares of the company’s stock worth $8,523,000 after purchasing an additional 33,876 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.6%

Shares of VTEB traded up $0.27 during mid-day trading on Tuesday, hitting $47.65. 57,436,258 shares of the company’s stock were exchanged, compared to its average volume of 11,148,637. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 and a 52 week high of $51.18. The stock’s 50-day simple moving average is $48.65 and its 200-day simple moving average is $49.63.

Vanguard Tax-Exempt Bond ETF Company 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.