Arete Wealth Advisors LLC Has $317,000 Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Arete Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 51.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,382 shares of the company’s stock after acquiring an additional 2,172 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $317,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Valley National Advisers Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $25,000. Fairway Wealth LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $27,000. IMG Wealth Management Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $27,000. Mascagni Wealth Management Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $34,000. Finally, Rossby Financial LCC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at $35,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.82 on Thursday. The stock’s fifty day moving average is $48.89 and its 200-day moving average is $49.06. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 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.