Wheelhouse Advisory Group LLC Acquires New Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wheelhouse Advisory Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 32,776 shares of the company’s stock, valued at approximately $1,673,000. Vanguard Tax-Exempt Bond ETF makes up about 1.5% of Wheelhouse Advisory Group LLC’s holdings, making the stock its 12th biggest holding.

A number of other institutional investors also recently modified their holdings of VTEB. Capital Analysts LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 138.7% during the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares during the period. HM Payson & Co. bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $32,000. Headlands Technologies LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $39,000. Planned Solutions Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $45,000. Finally, Fifth Third Bancorp boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1,612.5% during the third quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock valued at $46,000 after purchasing an additional 903 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of VTEB traded up $0.06 during mid-day trading on Friday, reaching $50.00. The company had a trading volume of 1,715,640 shares, compared to its average volume of 4,161,008. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The company’s 50-day moving average is $50.48 and its 200-day moving average is $49.90.

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.