Vanguard Tax-Exempt Bond ETF $VTEB Stake Increased by Petersen Hastings Wealth Advisors Inc.

Petersen Hastings Wealth Advisors Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 577,121 shares of the company’s stock after buying an additional 21,677 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 2.3% of Petersen Hastings Wealth Advisors Inc.’s portfolio, making the stock its 12th largest holding. Petersen Hastings Wealth Advisors Inc. owned 0.05% of Vanguard Tax-Exempt Bond ETF worth $27,332,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Winthrop Advisory Group LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 545.5% during the 3rd quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock valued at $62,112,000 after acquiring an additional 1,108,297 shares during the period. Orgel Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock worth $205,272,000 after acquiring an additional 763,337 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares during the period. Finally, Boston Standard Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $30,567,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

NYSEARCA VTEB opened at $48.67 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year high of $51.18. The business has a 50 day moving average price of $48.29 and a 200 day moving average price of $49.78.

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.