Grand Wealth Management LLC Has $4.12 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Grand Wealth Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 37.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,292 shares of the company’s stock after purchasing an additional 22,407 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.0% of Grand Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Grand Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,120,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. HB Wealth Management LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after acquiring an additional 7,552 shares during the period. Eclectic Associates Inc. ADV increased its stake in Vanguard Tax-Exempt Bond ETF by 89.5% in the third quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock valued at $2,547,000 after acquiring an additional 24,014 shares during the last quarter. Allen Capital Group LLC raised its position in Vanguard Tax-Exempt Bond ETF by 178.5% during the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth $211,000. Finally, Benjamin Edwards Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 12.0% during the third quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock worth $5,641,000 after purchasing an additional 12,075 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of VTEB stock opened at $50.52 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68. The stock’s fifty day moving average price is $50.36 and its two-hundred day moving average price is $49.86.

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.