Apex Wealth Management LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Apex Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 63,427 shares of the company’s stock, valued at approximately $3,180,000. Vanguard Tax-Exempt Bond ETF comprises approximately 2.7% of Apex Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other hedge funds also recently bought and sold shares of VTEB. FSC Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after purchasing an additional 216 shares in the last quarter. Cypress Wealth Services LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after buying an additional 223 shares during the period. Family Investment Center Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after buying an additional 223 shares during the last quarter. Allen Capital Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after buying an additional 227 shares during the period. Finally, Lpwm LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the 4th quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after acquiring an additional 245 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.92 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.17. The business’s 50 day simple moving average is $49.35 and its two-hundred day simple moving average is $49.99.

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.