Boyd Wealth Management LLC Purchases 2,049 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Boyd Wealth Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.4% during the 4th quarter, HoldingsChannel reports. The firm owned 34,028 shares of the company’s stock after acquiring an additional 2,049 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 1.1% of Boyd Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Boyd Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,737,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VTEB. Bank of New York Mellon Corp boosted its holdings in Vanguard Tax-Exempt Bond ETF by 144.4% in the first quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock worth $13,776,000 after acquiring an additional 157,887 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 81.6% in the first quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock worth $2,940,000 after acquiring an additional 25,628 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 11.2% in the first quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock worth $1,540,000 after acquiring an additional 3,010 shares in the last quarter. Prudential Financial Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 11.7% in the first quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock worth $1,356,000 after acquiring an additional 2,756 shares in the last quarter. Finally, AJ Wealth Strategies LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at $3,989,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:VTEB traded up $0.03 during midday trading on Friday, reaching $49.97. 3,590,970 shares of the company’s stock traded hands, compared to its average volume of 4,187,277. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The stock has a 50 day moving average of $50.48 and a 200 day moving average of $49.90.

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.