West Financial Advisors LLC Purchases 15,756 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

West Financial Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,110,601 shares of the company’s stock after buying an additional 15,756 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 8.5% of West Financial Advisors LLC’s portfolio, making the stock its 5th largest position. West Financial Advisors LLC owned approximately 0.12% of Vanguard Tax-Exempt Bond ETF worth $56,174,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Broussard Financial Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $542,000. Valeo Financial Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 72.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 71,361 shares of the company’s stock valued at $3,589,000 after purchasing an additional 30,068 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $1,001,000. Hudson Oak Wealth Advisory LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $1,565,000. Finally, First Horizon Corp boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the fourth quarter. First Horizon Corp now owns 330,757 shares of the company’s stock worth $16,634,000 after buying an additional 10,226 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3%

NYSEARCA:VTEB opened at $49.81 on Friday. The stock has a 50-day simple moving average of $50.18 and a 200 day simple moving average of $50.29. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.76 and a 52-week high of $51.18.

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.