Precedent Wealth Partners LLC Acquires 4,357 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Precedent Wealth Partners LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,050 shares of the company’s stock after buying an additional 4,357 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,306,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $29,000. Bogart Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares during the period. Rise Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after purchasing an additional 771 shares during the last quarter. Moisand Fitzgerald Tamayo LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 131.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after purchasing an additional 648 shares during the period. Finally, Marquette Asset Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $59,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:VTEB opened at $50.00 on Friday. The company has a 50 day moving average of $50.34 and a 200-day moving average of $50.55. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

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.