Broussard Financial Group LLC Invests $542,000 in Vanguard Tax-Exempt Bond ETF $VTEB

Broussard Financial Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, Holdings Channel reports. The fund purchased 10,784 shares of the company’s stock, valued at approximately $542,000. Vanguard Tax-Exempt Bond ETF makes up about 0.4% of Broussard Financial Group LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors have also recently made changes to their positions in the company. JPL Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $25,000. Fairway Wealth LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $28,000. United Financial Planning Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $37,000. Finally, Bogart Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 41.9% in the 3rd quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after purchasing an additional 279 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of NYSEARCA:VTEB opened at $50.31 on Friday. The company’s fifty day moving average is $50.33 and its 200 day moving average is $50.40. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

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.