Vanguard Tax-Exempt Bond ETF $VTEB Stock: Rainey & Randall Wealth Advisors Inc. Grows Holdings

Rainey & Randall Wealth Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 46.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 124,005 shares of the company’s stock after purchasing an additional 39,071 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Rainey & Randall Wealth Advisors Inc.’s holdings, making the stock its 18th largest position. Rainey & Randall Wealth Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,873,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Arlington Trust Co LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $38,000. Farmers & Merchants Investments Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $40,000. Global Trust Asset Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 117.6% in the 1st quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock valued at $46,000 after purchasing an additional 500 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at $49,000. Finally, Trust Co. of Vermont purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $50,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4%

Shares of NYSEARCA:VTEB opened at $48.68 on Tuesday. The firm has a fifty day moving average price of $48.35 and a 200 day moving average price of $49.80. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year 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.