Ritholtz Wealth Management Takes $260,000 Position in Vanguard Tax-Exempt Bond ETF $VTEB

Ritholtz Wealth Management purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,310 shares of the company’s stock, valued at approximately $260,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Wolff Wiese Magana LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 3.0% during the 1st quarter. Physician Wealth Advisors Inc. now owns 7,701 shares of the company’s stock worth $382,000 after buying an additional 225 shares in the last quarter. SlateStone Wealth LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 1.7% during the 1st quarter. SlateStone Wealth LLC now owns 13,214 shares of the company’s stock worth $656,000 after buying an additional 225 shares in the last quarter. Valley Financial Group Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 5.5% during the 1st quarter. Valley Financial Group Inc. now owns 4,449 shares of the company’s stock worth $221,000 after buying an additional 233 shares in the last quarter. Finally, Naples Global Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 0.6% during the 2nd quarter. Naples Global Advisors LLC now owns 38,808 shares of the company’s stock worth $1,903,000 after buying an additional 250 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of NYSEARCA VTEB opened at $50.56 on Wednesday. The firm’s 50-day simple moving average is $49.70 and its 200 day simple moving average is $49.10. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09.

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.