Leo Wealth LLC Purchases New Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Leo Wealth LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,271 shares of the company’s stock, valued at approximately $676,000.

A number of other hedge funds also recently modified their holdings of VTEB. Wealthfront Advisers LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the period. Sei Investments Co. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after purchasing an additional 659,339 shares during the period. Bank of America Corp DE raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after purchasing an additional 594,110 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of 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 valued at $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after buying an additional 450,334 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $48.68 on Tuesday. The firm’s 50 day moving average is $48.35 and its 200 day moving average is $49.80. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.87 and a 12 month high of $51.18.

Vanguard Tax-Exempt Bond ETF Company 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.