Vanguard Tax-Exempt Bond ETF $VTEB is Level Wealth Management LLC’s 4th Largest Position

Level Wealth Management LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 268,707 shares of the company’s stock after buying an additional 72,165 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 6.3% of Level Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Level Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,406,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Rothschild Investment LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $29,000. Nepc LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The stock’s 50 day moving average is $50.27 and its two-hundred day moving average is $50.36.

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.