Duncan Williams Asset Management LLC Acquires Shares of 5,175 Vanguard Tax-Exempt Bond ETF $VTEB

Duncan Williams Asset Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,175 shares of the company’s stock, valued at approximately $254,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock worth $1,711,760,000 after purchasing an additional 857,098 shares during the last quarter. Raymond James Financial Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.4% in the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after buying an additional 912,969 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the 1st quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock worth $295,588,000 after buying an additional 545,244 shares in the last quarter. Aspiriant LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.3% in the 1st quarter. Aspiriant LLC now owns 5,235,595 shares of the company’s stock worth $259,790,000 after buying an additional 65,231 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.0% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,046,259 shares of the company’s stock valued at $247,418,000 after acquiring an additional 415,704 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of VTEB opened at $50.02 on Tuesday. The stock has a 50 day moving average of $49.37 and a 200 day moving average of $49.04. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.09.

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.