Lodestone Wealth Management LLC Invests $243,000 in Vanguard Tax-Exempt Bond ETF $VTEB

Lodestone Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,950 shares of the company’s stock, valued at approximately $243,000.

Other hedge funds also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the period. Avalon Trust Co purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $49,000. Clear Investment Research LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $50,000. Longview Financial Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $51,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $55,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.33 on Thursday. The firm has a 50 day moving average of $50.28 and a 200 day moving average of $49.36. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09.

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.