Vanguard Tax-Exempt Bond ETF $VTEB Stock Purchased by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 872.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,696 shares of the company’s stock after purchasing an additional 73,299 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.9% of Morton Brown Family Wealth LLC’s investment portfolio, making the stock its 15th largest holding. Morton Brown Family Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Boston Standard Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $30,567,000. HB Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 40.4% in the 2nd quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock worth $2,459,000 after acquiring an additional 13,980 shares in the last quarter. Wedmont Private Capital raised its position in shares of Vanguard Tax-Exempt Bond ETF by 36.5% in the 2nd quarter. Wedmont Private Capital now owns 2,167,958 shares of the company’s stock worth $109,135,000 after acquiring an additional 580,171 shares in the last quarter. Lutz Financial Services LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 5.6% in the 1st quarter. Lutz Financial Services LLC now owns 1,569,663 shares of the company’s stock worth $78,311,000 after acquiring an additional 82,868 shares in the last quarter. Finally, Vested Financial Planning LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 25.2% in the 2nd quarter. Vested Financial Planning LLC now owns 168,500 shares of the company’s stock worth $8,523,000 after acquiring an additional 33,876 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $48.51 on Monday. The business has a 50 day moving average of $48.33 and a 200-day moving average of $49.52. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 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.