Acumen Wealth Advisors LLC Acquires 21,138 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Acumen Wealth Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 167,287 shares of the company’s stock after acquiring an additional 21,138 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.2% of Acumen Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Acumen Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Tax-Exempt Bond ETF by 2.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after purchasing an additional 903,850 shares during the last quarter. Morgan Stanley lifted its stake in Vanguard Tax-Exempt Bond ETF by 9.4% in the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after purchasing an additional 2,173,235 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during 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 period. Finally, Raymond James Financial Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the fourth quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after buying an additional 2,396,916 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

Shares of NYSEARCA VTEB opened at $49.95 on Wednesday. The business’s 50 day moving average price is $50.26 and its 200-day moving average price is $50.36. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two 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.