Orgel Wealth Management LLC Purchases 763,337 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Orgel Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,334,288 shares of the company’s stock after acquiring an additional 763,337 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 3.9% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Orgel Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $205,272,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Corient Private Wealth LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 131.5% during the 4th quarter. Corient Private Wealth LLC now owns 4,111,685 shares of the company’s stock worth $206,775,000 after acquiring an additional 2,335,633 shares in the last quarter. Align Financial LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $96,611,000. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after purchasing an additional 659,339 shares in the last quarter. Finally, Boston Standard Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $30,567,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEB opened at $47.61 on Thursday. The company has a 50 day moving average price of $48.56 and a 200-day moving average price of $49.60. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18.

Vanguard Tax-Exempt Bond ETF Company 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.