Forum Financial Management LP Acquires 1,137,416 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Forum Financial Management LP boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 615.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,322,231 shares of the company’s stock after purchasing an additional 1,137,416 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 0.9% of Forum Financial Management LP’s investment portfolio, making the stock its 14th biggest holding. Forum Financial Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $66,204,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Litman Gregory Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.6% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after purchasing an additional 204 shares in the last quarter. Wolff Wiese Magana LLC raised its position in Vanguard Tax-Exempt Bond ETF by 56.8% in the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after buying an additional 216 shares during the last quarter. FDx Advisors Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.4% during the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock valued at $2,398,000 after acquiring an additional 218 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock valued at $3,135,000 after acquiring an additional 221 shares in the last quarter. Finally, Zhang Financial LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.6% during the 2nd quarter. Zhang Financial LLC now owns 13,841 shares of the company’s stock worth $679,000 after acquiring an additional 224 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of VTEB stock opened at $50.58 on Friday. The firm has a 50-day moving average of $50.33 and a 200-day moving average of $49.75. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $50.68.

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.