Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Boosted by Beacon Wealthcare LLC

Beacon Wealthcare LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,957 shares of the company’s stock after purchasing an additional 9,943 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 2.8% of Beacon Wealthcare LLC’s holdings, making the stock its 7th largest position. Beacon Wealthcare LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,916,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 34.9% in the 2nd quarter. Natixis Advisors LLC now owns 177,812 shares of the company’s stock valued at $8,910,000 after buying an additional 46,016 shares during the period. Larson Financial Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 539.3% in the 2nd quarter. Larson Financial Group LLC now owns 2,231 shares of the company’s stock valued at $112,000 after buying an additional 1,882 shares in the last quarter. Mayflower Financial Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.5% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 95,698 shares of the company’s stock valued at $4,795,000 after acquiring an additional 5,855 shares during the period. MGO Private Wealth LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 53.9% in the second quarter. MGO Private Wealth LLC now owns 66,657 shares of the company’s stock valued at $3,340,000 after buying an additional 23,336 shares in the last quarter. Finally, Foster & Motley Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 6.5% in the second quarter. Foster & Motley Inc. now owns 237,908 shares of the company’s stock valued at $11,922,000 after purchasing an additional 14,582 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock remained flat at $50.20 during mid-day trading on Friday. The stock had a trading volume of 2,449,137 shares, compared to its average volume of 3,189,667. The stock’s 50 day simple moving average is $50.47 and its two-hundred day simple moving average is $50.58. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.54 and a 1 year high of $51.17.

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.