179,214 Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Modera Wealth Management LLC

Modera Wealth Management LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.2% during the third quarter, HoldingsChannel.com reports. The firm owned 793,036 shares of the company’s stock after purchasing an additional 179,214 shares during the period. Modera Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $37,558,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VTEB. Winthrop Advisory Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 545.5% in the third quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock worth $62,112,000 after purchasing an additional 1,108,297 shares in the last quarter. Orgel Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% in the third quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock valued at $205,272,000 after buying an additional 763,337 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after buying an additional 760,249 shares during the last quarter. Sei Investments Co. raised its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after buying an additional 659,339 shares in the last quarter. Finally, Boston Standard Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $30,567,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $48.88 on Friday. The stock’s 50 day moving average price is $48.26 and its two-hundred day moving average price is $49.76. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week 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.