Curtis Wealth Management LLC Buys New Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Curtis Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,117 shares of the company’s stock, valued at approximately $1,573,000. Vanguard Tax-Exempt Bond ETF comprises approximately 1.4% of Curtis Wealth Management LLC’s portfolio, making the stock its 24th largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VTEB. New York Life Investment Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.1% in the 3rd quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after purchasing an additional 112,023 shares in the last quarter. Chesley Taft & Associates LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 18.4% during the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after buying an additional 23,425 shares in the last quarter. Compound Planning Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 16.2% during the 3rd quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after buying an additional 46,505 shares in the last quarter. Bear Mountain Capital Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 418.3% during the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock worth $5,190,000 after buying an additional 82,764 shares in the last quarter. Finally, Betterment LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after buying an additional 6,090,513 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

NYSEARCA:VTEB opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The stock has a 50 day moving average of $50.15 and a two-hundred day moving average of $50.35.

About Vanguard Tax-Exempt Bond ETF

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.