Spirepoint Private Client LLC Has $9.32 Million Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Spirepoint Private Client LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.4% during the first quarter, Holdings Channel reports. The firm owned 187,790 shares of the company’s stock after selling 21,779 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.2% of Spirepoint Private Client LLC’s portfolio, making the stock its 24th largest holding. Spirepoint Private Client LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,318,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTEB. D.A. Davidson & CO. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after purchasing an additional 1,116 shares during the period. Sigma Planning Corp increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 155.0% in the 4th quarter. Sigma Planning Corp now owns 16,121 shares of the company’s stock valued at $808,000 after acquiring an additional 9,798 shares in the last quarter. BCGM Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 36.4% in the 4th quarter. BCGM Wealth Management LLC now owns 39,269 shares of the company’s stock valued at $1,969,000 after acquiring an additional 10,477 shares in the last quarter. Cherry Tree Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.7% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 80,052 shares of the company’s stock valued at $4,013,000 after acquiring an additional 4,311 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.7% in the 4th quarter. IFP Advisors Inc now owns 96,183 shares of the company’s stock valued at $4,822,000 after acquiring an additional 2,522 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

NYSEARCA:VTEB opened at $48.91 on Tuesday. The company has a fifty day moving average of $48.81 and a 200-day moving average of $49.54. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.17.

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.