BCGM Wealth Management LLC Raises Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

BCGM Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 56.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,792 shares of the company’s stock after purchasing an additional 10,434 shares during the quarter. BCGM Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VTEB. TIAA Trust National Association raised its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after purchasing an additional 2,441,163 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at $82,895,000. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $71,067,000. Creative Planning boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Finally, Koss Olinger Consulting LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $33,945,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.53 on Friday. The firm has a 50-day moving average price of $50.69 and a two-hundred day moving average price of $50.45. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.00 and a twelve month 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.