403,510 Shares in Vanguard Tax-Exempt Bond ETF $VTEB Purchased by Petersen Hastings Wealth Advisors Inc.

Petersen Hastings Wealth Advisors Inc. purchased a new position in 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 institutional investor purchased 403,510 shares of the company’s stock, valued at approximately $20,292,000. Vanguard Tax-Exempt Bond ETF accounts for about 1.9% of Petersen Hastings Wealth Advisors Inc.’s investment portfolio, making the stock its 13th biggest holding.

A number of other large investors also recently bought and sold shares of VTEB. Wellington Management Group LLP acquired a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $347,641,000. Betterment LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after purchasing an additional 6,090,513 shares during the period. Corient Private Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Vanguard Tax-Exempt Bond ETF by 49.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after purchasing an additional 3,187,040 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.5% in the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after purchasing an additional 1,889,400 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA VTEB opened at $50.38 on Friday. The stock has a 50-day moving average of $50.14 and a 200 day moving average of $50.35. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18.

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.