Resonant Capital Advisors LLC Has $32.94 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Resonant Capital Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 657,870 shares of the company’s stock after acquiring an additional 108,193 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 1.9% of Resonant Capital Advisors LLC’s holdings, making the stock its 11th largest position. Resonant Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $32,940,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Compass Ion Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $791,000. Walkner Condon Financial Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 6.4% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 9,608 shares of the company’s stock valued at $481,000 after buying an additional 575 shares in the last quarter. Financial Management Network Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $208,000. Bfsg LLC increased its position in Vanguard Tax-Exempt Bond ETF by 22.7% during the 3rd quarter. Bfsg LLC now owns 8,151 shares of the company’s stock worth $408,000 after buying an additional 1,506 shares during the period. Finally, Retirement Investment Advisors Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.5% during the third quarter. Retirement Investment Advisors Inc. now owns 97,394 shares of the company’s stock worth $4,877,000 after buying an additional 4,160 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.60 on Friday. The firm has a 50-day moving average of $50.35 and a 200-day moving average of $49.80. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $50.68.

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.