MB Levis & Associates LLC Raises Stake in Vanguard Tax-Exempt Bond ETF $VTEB

MB Levis & Associates LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 306,753 shares of the company’s stock after buying an additional 6,009 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 6.6% of MB Levis & Associates LLC’s investment portfolio, making the stock its 4th largest position. MB Levis & Associates LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,040,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in VTEB. Valley National Advisers Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $27,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $27,000. Wolff Wiese Magana LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the period. Finally, Rossby Financial LCC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $35,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.50 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.09. The stock’s 50 day simple moving average is $49.64 and its 200-day simple moving average is $49.09.

Vanguard Tax-Exempt Bond ETF 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.