Nicolet Advisory Services LLC Increases Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Nicolet Advisory Services LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 695,282 shares of the company’s stock after purchasing an additional 133,935 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 2.4% of Nicolet Advisory Services LLC’s portfolio, making the stock its 8th largest position. Nicolet Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $35,153,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. PFG Investments LLC grew its holdings 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 worth $800,000 after acquiring an additional 198 shares during the last quarter. Quantum Financial Planning Services Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% during the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock worth $481,000 after acquiring an additional 199 shares during the last quarter. Jordan Park Trust Co LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.8% during the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock worth $584,000 after acquiring an additional 200 shares during the last quarter. Bridgewealth Advisory Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after acquiring an additional 200 shares during the last quarter. Finally, Planning Directions Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.1% during the 4th quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock worth $933,000 after acquiring an additional 207 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The company’s 50 day moving average price is $50.20 and its two-hundred day moving average price is $50.35.

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.