Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,635 shares of the company’s stock after buying an additional 1,075 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.7% of Magnolia Private Wealth LLC’s portfolio, making the stock its 27th largest holding. Magnolia Private Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,272,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTEB. LRI Investments LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.9% during the 4th quarter. LRI Investments LLC now owns 3,960 shares of the company’s stock worth $199,000 after purchasing an additional 219 shares during the last quarter. First Affirmative Financial Network lifted its position in Vanguard Tax-Exempt Bond ETF by 4.5% during the first quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after buying an additional 245 shares during the period. Oppenheimer & Co. Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 12,326 shares of the company’s stock worth $618,000 after buying an additional 247 shares during the last quarter. Silver Coast Investments LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.6% in the 4th quarter. Silver Coast Investments LLC now owns 10,150 shares of the company’s stock valued at $509,000 after buying an additional 254 shares during the period. Finally, First Citizens Bank & Trust Co. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.8% in the 1st quarter. First Citizens Bank & Trust Co. now owns 30,833 shares of the company’s stock valued at $1,530,000 after buying an additional 256 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

Shares of VTEB stock opened at $48.67 on Wednesday. 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 $48.77 and its 200-day simple moving average is $49.68.

About Vanguard Tax-Exempt Bond ETF

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.