Twele Capital Management Inc. Purchases 14,678 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Twele Capital Management Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 57.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,307 shares of the company’s stock after acquiring an additional 14,678 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.3% of Twele Capital Management Inc.’s holdings, making the stock its 21st largest holding. Twele Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,909,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. 21 West Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $13,588,000. Catalyst Private Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 314.9% during the 3rd quarter. Catalyst Private Wealth LLC now owns 32,754 shares of the company’s stock worth $1,551,000 after purchasing an additional 24,859 shares in the last quarter. Financial Futures Ltd Liability Co. increased its position in Vanguard Tax-Exempt Bond ETF by 22.2% during the 3rd quarter. Financial Futures Ltd Liability Co. now owns 6,338 shares of the company’s stock worth $300,000 after purchasing an additional 1,151 shares in the last quarter. Vannoy Advisory Group Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 36.8% during the 3rd quarter. Vannoy Advisory Group Inc. now owns 163,369 shares of the company’s stock worth $7,737,000 after purchasing an additional 43,905 shares in the last quarter. Finally, Level Financial Advisors lifted its stake in Vanguard Tax-Exempt Bond ETF by 27.9% in the 3rd quarter. Level Financial Advisors now owns 6,101 shares of the company’s stock valued at $289,000 after purchasing an additional 1,330 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB traded up $0.27 on Tuesday, hitting $47.65. The company had a trading volume of 57,436,258 shares, compared to its average volume of 11,148,637. The firm has a 50 day moving average of $48.65 and a two-hundred day moving average of $49.63. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 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.