Accredited Wealth Management LLC Invests $405,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Accredited Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,089 shares of the company’s stock, valued at approximately $405,000.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $1,041,552,000. Brooklyn FI LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 6,485.4% during the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock worth $3,945,012,000 after buying an additional 4,022,038 shares in the last quarter. TIAA Trust National Association increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 17.5% in the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock worth $778,677,000 after buying an additional 2,308,219 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 26.7% during the 4th quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock valued at $337,993,000 after buying an additional 1,420,106 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of VTEB stock opened at $48.92 on Friday. The business has a 50-day moving average price of $49.35 and a two-hundred day moving average price of $49.99. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-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.