Level Wealth Management LLC Has $9.88 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Level Wealth Management LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 196,542 shares of the company’s stock after acquiring an additional 31,558 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 5.1% of Level Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Level Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,884,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. CENTRAL TRUST Co increased its stake in Vanguard Tax-Exempt Bond ETF by 23.1% during the 4th quarter. CENTRAL TRUST Co now owns 2,812 shares of the company’s stock worth $141,000 after purchasing an additional 528 shares in the last quarter. Legacy Edge Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $12,507,000. Breakwater Investment Management increased its stake in Vanguard Tax-Exempt Bond ETF by 2.6% during the 4th quarter. Breakwater Investment Management now owns 22,684 shares of the company’s stock worth $1,141,000 after purchasing an additional 577 shares in the last quarter. Pittenger & Anderson Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $54,000. Finally, CX Institutional increased its stake in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. CX Institutional now owns 564,405 shares of the company’s stock worth $28,384,000 after purchasing an additional 22,442 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.17 on Friday. The business has a 50 day simple moving average of $50.33 and a 200 day simple moving average of $50.41. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

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.