Opes Wealth Management LLC Acquires 2,505 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Opes Wealth Management LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,690 shares of the company’s stock after buying an additional 2,505 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,738,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTEB. Creative Planning raised its holdings in Vanguard Tax-Exempt Bond ETF by 15.2% in the 4th quarter. Creative Planning now owns 24,754,352 shares of the company’s stock worth $1,263,710,000 after purchasing an additional 3,258,212 shares in the last quarter. TIAA Trust National Association raised its stake in Vanguard Tax-Exempt Bond ETF by 21.4% in the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares in the last quarter. Sei Investments Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 19.7% in the fourth quarter. Sei Investments Co. now owns 11,046,583 shares of the company’s stock worth $563,929,000 after buying an additional 1,820,365 shares during the period. Jane Street Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $82,895,000. Finally, Simplicity Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $72,568,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.89 on Friday. The stock has a 50 day moving average price of $50.56 and a 200-day moving average price of $50.34. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15.

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.