Rialto Wealth Management LLC Has $737,000 Stock Position in Vanguard New York Tax-Exempt Bond ETF $MUNY

Rialto Wealth Management LLC boosted its stake in Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) by 231.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,140 shares of the company’s stock after acquiring an additional 4,986 shares during the period. Rialto Wealth Management LLC owned 1.59% of Vanguard New York Tax-Exempt Bond ETF worth $737,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new position in Vanguard New York Tax-Exempt Bond ETF during the 3rd quarter worth approximately $476,000. Tortoise Investment Management LLC acquired a new position in shares of Vanguard New York Tax-Exempt Bond ETF in the 3rd quarter worth approximately $606,000. Private Advisor Group LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the 3rd quarter valued at $206,000. Bridgewater Advisors Inc. bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the 3rd quarter valued at $8,885,000. Finally, Crestwood Advisors Group LLC acquired a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the third quarter worth $293,000.

Vanguard New York Tax-Exempt Bond ETF Price Performance

Shares of BATS MUNY opened at $102.51 on Tuesday. Vanguard New York Tax-Exempt Bond ETF has a twelve month low of $99.45 and a twelve month high of $105.51. The firm has a fifty day simple moving average of $103.86 and a 200 day simple moving average of $103.44.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.