Navigate Wealth Management LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Navigate Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,775 shares of the company’s stock, valued at approximately $996,000. Vanguard Tax-Exempt Bond ETF makes up about 0.7% of Navigate Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. PFG Investments LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 1.3% during the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after acquiring an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after purchasing an additional 199 shares during the period. Jordan Park Trust Co LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the fourth quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after purchasing an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after purchasing an additional 200 shares during the period. Finally, Intrua Financial LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.8% in the first quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock worth $272,000 after purchasing an additional 200 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.34 on Monday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The business has a fifty day simple moving average of $50.27 and a two-hundred day simple moving average of $50.37.

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.