Vanguard Tax-Exempt Bond ETF $VTEB Stock: Rainey & Randall Wealth Advisors Inc. Increases Position

Rainey & Randall Wealth Advisors Inc. grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 46.0% during the third quarter, HoldingsChannel reports. The firm owned 124,005 shares of the company’s stock after purchasing an additional 39,071 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 0.9% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 18th biggest holding. Rainey & Randall Wealth Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,873,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VTEB. Intrua Financial LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.8% in the 1st quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock valued at $272,000 after buying an additional 200 shares during the last quarter. Mosaic Family Wealth Partners LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1.6% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 12,812 shares of the company’s stock valued at $639,000 after buying an additional 205 shares during the period. James Investment Research Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 0.8% in the 1st quarter. James Investment Research Inc. now owns 24,791 shares of the company’s stock valued at $1,237,000 after buying an additional 208 shares during the period. Centurion Wealth Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 0.8% during the 2nd quarter. Centurion Wealth Management LLC now owns 28,172 shares of the company’s stock worth $1,425,000 after buying an additional 216 shares during the last quarter. Finally, Nilsine Partners LLC raised its position in Vanguard Tax-Exempt Bond ETF by 3.0% during the 2nd quarter. Nilsine Partners LLC now owns 7,349 shares of the company’s stock worth $372,000 after buying an additional 217 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.68 on Tuesday. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18. The firm has a fifty day moving average of $48.35 and a two-hundred day moving average of $49.80.

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.