Whalen Wealth Management Inc. Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Whalen Wealth Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,945 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Creative Planning lifted its position in Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Raymond James & Associates grew its stake in Vanguard Tax-Exempt Bond ETF by 0.4% in the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after buying an additional 75,969 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after buying an additional 433,676 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.03 on Thursday. The company has a fifty day moving average of $50.36 and a 200-day moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

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.