Seaside Wealth Management Inc. Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Seaside Wealth Management Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 24,510 shares of the company’s stock, valued at approximately $1,202,000. Vanguard Tax-Exempt Bond ETF accounts for 0.4% of Seaside Wealth Management Inc.’s investment portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Millennium Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 75.8% in the fourth quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock valued at $480,000 after acquiring an additional 4,128 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at $222,000. Vanguard Group Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after acquiring an additional 270,058 shares during the period. AE Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 8.7% in the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after acquiring an additional 897 shares during the period. Finally, Oppenheimer & Co. Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 20.0% in the first quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock valued at $734,000 after acquiring an additional 2,471 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of NYSEARCA:VTEB opened at $50.13 on Wednesday. The business’s fifty day moving average price is $48.98 and its two-hundred day moving average price is $49.03. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.17.

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.