Beacon Wealthcare LLC Grows Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Beacon Wealthcare LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% in the 4th quarter, Holdings Channel reports. The firm owned 137,957 shares of the company’s stock after purchasing an additional 9,943 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.8% of Beacon Wealthcare LLC’s portfolio, making the stock its 7th biggest position. Beacon Wealthcare LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Bogart Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $41,000. Rise Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after purchasing an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock remained flat at $50.20 during trading on Friday. 2,449,137 shares of the company were exchanged, compared to its average volume of 3,189,667. The company has a fifty day simple moving average of $50.47 and a 200-day simple moving average of $50.58. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.54 and a 52-week high of $51.17.

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.