B. Riley Wealth Advisors Inc. Buys New Position in Vanguard Tax-Exempt Bond ETF $VTEB

B. Riley Wealth Advisors Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,390 shares of the company’s stock, valued at approximately $558,000.

Several other institutional investors have also modified their holdings of VTEB. Cape Investment Advisory Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 469.8% in the second quarter. Cape Investment Advisory Inc. now owns 4,484 shares of the company’s stock worth $220,000 after acquiring an additional 3,697 shares during the last quarter. Advisory Services Network LLC grew its position in Vanguard Tax-Exempt Bond ETF by 27.3% in the 2nd quarter. Advisory Services Network LLC now owns 105,310 shares of the company’s stock valued at $5,126,000 after buying an additional 22,594 shares in the last quarter. Asset Dedication LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $78,000. Element Pointe Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 0.5% during the 2nd quarter. Element Pointe Advisors LLC now owns 98,667 shares of the company’s stock valued at $4,838,000 after purchasing an additional 447 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 11.0% during the second quarter. Geneos Wealth Management Inc. now owns 135,835 shares of the company’s stock worth $6,660,000 after acquiring an additional 13,509 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.30 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $50.68. The company has a 50 day moving average price of $50.37 and a 200 day moving average price of $49.56.

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.