Salomon & Ludwin LLC Increases Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Salomon & Ludwin LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 500,350 shares of the company’s stock after buying an additional 52,981 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 2.6% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 11th largest holding. Salomon & Ludwin LLC owned 0.08% of Vanguard Tax-Exempt Bond ETF worth $25,578,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VTEB. Richardson Financial Services Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 44,954 shares of the company’s stock worth $2,275,000 after purchasing an additional 22,477 shares during the period. OMNI 360 Wealth Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.0% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 6,802 shares of the company’s stock worth $348,000 after purchasing an additional 619 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 33,840 shares of the company’s stock worth $1,730,000 after purchasing an additional 443 shares during the period. Frank Rimerman Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 18,422 shares of the company’s stock worth $942,000 after purchasing an additional 546 shares during the period. Finally, Bristlecone Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.9% during the 3rd quarter. Bristlecone Advisors LLC now owns 123,954 shares of the company’s stock worth $6,337,000 after purchasing an additional 1,145 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

NYSEARCA:VTEB opened at $50.33 on Monday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.17. The firm’s fifty day simple moving average is $50.82 and its 200-day simple moving average is $50.41.

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.