LVW Advisors LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

LVW Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,440 shares of the company’s stock after purchasing an additional 8,453 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 0.7% of LVW Advisors LLC’s holdings, making the stock its 26th largest holding. LVW Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,186,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of VTEB. Naples Money Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $34,000. Verus Capital Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $36,000. Trust Co. of Vermont purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $37,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $41,000. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of NYSEARCA VTEB traded down $0.04 during mid-day trading on Friday, hitting $50.69. 796,488 shares of the company’s stock traded hands, compared to its average volume of 3,933,361. The company’s 50-day moving average is $50.85 and its two-hundred day moving average is $50.39. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year 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.