IMPACTfolio LLC Invests $1.31 Million in Vanguard Tax-Exempt Bond ETF $VTEB

IMPACTfolio LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,790 shares of the company’s stock, valued at approximately $1,314,000. Vanguard Tax-Exempt Bond ETF makes up about 0.6% of IMPACTfolio LLC’s holdings, making the stock its 14th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTEB. Facet Wealth Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 314.4% during the first quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock valued at $112,088,000 after purchasing an additional 1,741,949 shares during the last quarter. Garde Capital Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $47,163,000. Raymond James Financial Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after purchasing an additional 912,969 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after purchasing an additional 857,098 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 20.7% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,630,555 shares of the company’s stock valued at $229,768,000 after purchasing an additional 792,628 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17. The firm’s 50 day simple moving average is $49.03 and its two-hundred day simple moving average is $49.04.

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.