Litman Gregory Wealth Management LLC Buys New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Litman Gregory Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the third quarter, HoldingsChannel reports. The fund bought 7,084 shares of the company’s stock, valued at approximately $362,000.

Other institutional investors have also recently bought and sold shares of the company. Naples Money Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $34,000. Verus Capital Partners LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $36,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $41,000. City State Bank purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $50,000. Finally, Rise Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded down $0.27 during trading on Wednesday, hitting $50.19. 1,793,175 shares of the company’s stock were exchanged, compared to its average volume of 3,904,452. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.17. The stock has a 50 day moving average price of $50.85 and a 200 day moving average price of $50.41.

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.