L.K. Benson & Company P.C. Acquires 13,779 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

L.K. Benson & Company P.C. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 30.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,135 shares of the company’s stock after buying an additional 13,779 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 1.8% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 14th biggest holding. L.K. Benson & Company P.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,899,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Mullooly Asset Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.8% during the second quarter. Mullooly Asset Management Inc. now owns 43,007 shares of the company’s stock worth $2,109,000 after purchasing an additional 3,486 shares during the period. Columbus Macro LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.5% during the second quarter. Columbus Macro LLC now owns 29,502 shares of the company’s stock worth $1,446,000 after purchasing an additional 1,794 shares during the period. AMI Investment Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.5% during the second quarter. AMI Investment Management Inc. now owns 189,954 shares of the company’s stock worth $9,313,000 after purchasing an additional 19,567 shares during the period. Valmark Advisers Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.6% during the second quarter. Valmark Advisers Inc. now owns 154,270 shares of the company’s stock worth $7,564,000 after purchasing an additional 12,171 shares during the period. Finally, Financial Life Advisors increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.5% during the second quarter. Financial Life Advisors now owns 77,170 shares of the company’s stock worth $3,784,000 after purchasing an additional 3,305 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.10 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.09. The business’s 50 day simple moving average is $49.43 and its 200 day simple moving average is $49.05.

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.