Rede Wealth LLC Invests $3.39 Million in Vanguard Tax-Exempt Bond ETF $VTEB

Rede Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 67,318 shares of the company’s stock, valued at approximately $3,385,000. Vanguard Tax-Exempt Bond ETF comprises approximately 1.2% of Rede Wealth LLC’s holdings, making the stock its 9th biggest holding.

Other large investors also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $25,000. Fairway Wealth LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $28,000. Lowe Wealth Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $29,000. United Financial Planning Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $37,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.30 on Tuesday. The business has a fifty day simple moving average of $50.41 and a 200 day simple moving average of $50.38. Vanguard Tax-Exempt Bond ETF has a one year low of $48.15 and a one year high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.