Meridian Wealth Partners LLC Acquires 34,741 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Meridian Wealth Partners LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 129.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,512 shares of the company’s stock after purchasing an additional 34,741 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 0.6% of Meridian Wealth Partners LLC’s portfolio, making the stock its 21st biggest position. Meridian Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,140,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VTEB. GAMMA Investing LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $29,000. HM Payson & Co. acquired a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $32,000. Capital Analysts LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% during the 4th quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after purchasing an additional 376 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $39,000. Finally, Planned Solutions Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $45,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB stock traded up $0.04 on Friday, hitting $49.79. 2,998,131 shares of the stock were exchanged, compared to its average volume of 4,150,720. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The business has a 50-day moving average of $50.39 and a 200 day moving average of $50.00.

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.