Geneos Wealth Management Inc. Buys 13,509 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Geneos Wealth Management Inc. increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 135,835 shares of the company’s stock after purchasing an additional 13,509 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,660,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VTEB. Vanguard Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock worth $187,078,000 after buying an additional 270,058 shares in the last quarter. Cresset Asset Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 30.9% during the 1st quarter. Cresset Asset Management LLC now owns 84,127 shares of the company’s stock worth $4,174,000 after acquiring an additional 19,841 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 8.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 187,947 shares of the company’s stock worth $9,326,000 after acquiring an additional 15,325 shares during the period. Compass Financial Group INC SD lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.5% in the 1st quarter. Compass Financial Group INC SD now owns 21,598 shares of the company’s stock worth $1,072,000 after purchasing an additional 1,507 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.5% in the 1st quarter. Freestone Capital Holdings LLC now owns 36,651 shares of the company’s stock valued at $1,819,000 after purchasing an additional 1,237 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.18 on Monday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $50.68. The company has a fifty day moving average price of $50.36 and a 200-day moving average price of $49.54.

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.