Graves Light Lenhart Wealth Inc. Purchases 50,433 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Graves Light Lenhart Wealth Inc. increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.2% during the third quarter, Holdings Channel reports. The fund owned 277,993 shares of the company’s stock after purchasing an additional 50,433 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 1.2% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its 25th largest position. Graves Light Lenhart Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,166,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTEB. Corient Private Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 131.5% during the fourth quarter. Corient Private Wealth LLC now owns 4,111,685 shares of the company’s stock valued at $206,775,000 after buying an additional 2,335,633 shares during the last quarter. Align Financial LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $96,611,000. Wealthfront Advisers LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after buying an additional 760,249 shares in the last quarter. Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares during the period. Finally, Boston Standard Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $30,567,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of VTEB stock opened at $47.13 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18. The stock has a fifty day moving average of $48.73 and a two-hundred day moving average of $49.67.

Vanguard Tax-Exempt Bond ETF 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.