Vanguard Tax-Exempt Bond ETF $VTEB is Orgel Wealth Management LLC’s 10th Largest Position

Orgel Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,926,845 shares of the company’s stock after purchasing an additional 469,938 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 3.5% of Orgel Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Orgel Wealth Management LLC owned about 0.38% of Vanguard Tax-Exempt Bond ETF worth $143,503,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. IMPACTfolio LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $1,314,000. Hurlow Wealth Management Group Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 9.1% in the 2nd quarter. Hurlow Wealth Management Group Inc. now owns 147,712 shares of the company’s stock worth $7,242,000 after buying an additional 12,329 shares during the period. Stewardship Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1.8% in the 2nd quarter. Stewardship Advisors LLC now owns 247,790 shares of the company’s stock worth $12,149,000 after buying an additional 4,497 shares during the period. PMV Capital Advisers LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $94,000. Finally, Moody National Bank Trust Division increased its holdings in Vanguard Tax-Exempt Bond ETF by 39.6% in the 2nd quarter. Moody National Bank Trust Division now owns 178,896 shares of the company’s stock worth $8,771,000 after buying an additional 50,782 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of NYSEARCA:VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.17. The company’s 50 day moving average is $49.03 and its 200 day moving average is $49.04.

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.