Plancorp LLC Makes New $5.21 Million Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Plancorp LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 106,655 shares of the company’s stock, valued at approximately $5,213,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Standard Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $30,567,000. AMI Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 27.5% during the 3rd quarter. AMI Investment Management Inc. now owns 242,518 shares of the company’s stock valued at $11,486,000 after acquiring an additional 52,342 shares during the period. HB Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 40.4% during the 2nd quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock valued at $2,459,000 after acquiring an additional 13,980 shares during the period. NewEdge Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.9% during the 2nd quarter. NewEdge Advisors LLC now owns 966,651 shares of the company’s stock valued at $48,893,000 after acquiring an additional 71,025 shares during the period. Finally, Wedmont Private Capital boosted its holdings 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 valued at $109,135,000 after acquiring an additional 580,171 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

Shares of NYSEARCA:VTEB traded up $0.09 during midday trading on Friday, reaching $49.24. The company’s stock had a trading volume of 15,389,838 shares, compared to its average volume of 11,876,529. The stock has a fifty day moving average of $48.20 and a 200 day moving average of $49.72. Vanguard Tax-Exempt Bond ETF has a twelve month low of $46.87 and a twelve month 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.