LiftPoint Family Wealth Advisors LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

LiftPoint Family Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 58,039 shares of the company’s stock, valued at approximately $2,749,000. Vanguard Tax-Exempt Bond ETF comprises about 1.8% of LiftPoint Family Wealth Advisors LLC’s holdings, making the stock its 16th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Winthrop Advisory Group LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 545.5% during the third quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock valued at $62,112,000 after acquiring an additional 1,108,297 shares during the last quarter. Orgel Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 21.4% in the 3rd quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock worth $205,272,000 after acquiring an additional 763,337 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares in the last quarter. Sei Investments Co. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares in the last quarter. Finally, Waldron Private Wealth LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $31,088,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

NYSEARCA VTEB traded up $0.09 during trading hours on Friday, hitting $49.24. 15,389,838 shares of the company’s stock were exchanged, compared to its average volume of 11,876,529. The stock has a 50-day simple moving average of $48.20 and a 200 day simple moving average of $49.72. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year 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.