M Holdings Securities Inc. Purchases New Shares in Vanguard Tax-Exempt Bond ETF $VTEB

M Holdings Securities Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33,589 shares of the company’s stock, valued at approximately $1,600,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the first 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. Bank of America Corp DE boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after acquiring an additional 594,110 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 7.4% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of NYSEARCA VTEB opened at $49.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18. The company has a 50 day simple moving average of $48.20 and a two-hundred day simple moving average of $49.71.

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.