Morton Brown Family Wealth LLC Purchases Shares of 2,716 Vanguard Tax-Exempt Bond ETF $VTEB

Morton Brown Family Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,716 shares of the company’s stock, valued at approximately $133,000.

Other institutional investors have also recently bought and sold shares of the company. Valley National Advisers Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $25,000. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $27,000. Fairway Wealth LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $27,000. Wolff Wiese Magana LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the last quarter. Finally, Rossby Financial LCC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $35,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.10 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09. The firm’s 50 day moving average is $49.46 and its 200-day moving average is $49.05.

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.