Laurel Oak Wealth Management LLC Raises Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Laurel Oak Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,374 shares of the company’s stock after acquiring an additional 12,932 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.2% of Laurel Oak Wealth Management LLC’s holdings, making the stock its 22nd largest position. Laurel Oak Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Rothschild Investment LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $25,000. United Financial Planning Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $29,000. Nepc LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.56 on Friday. The company’s fifty day moving average price is $50.26 and its 200 day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.

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.