Premier Path Wealth Partners LLC Acquires 48,077 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Premier Path Wealth Partners LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 839.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 53,806 shares of the company’s stock after acquiring an additional 48,077 shares during the period. Premier Path Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,638,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VTEB. HB Wealth Management LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after buying an additional 7,552 shares during the period. Sowell Financial Services LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $211,000. Vanguard Group Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after purchasing an additional 270,058 shares during the period. AE Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.7% in the 1st quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after purchasing an additional 897 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 8,963,105 shares of the company’s stock valued at $439,461,000 after purchasing an additional 368,696 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.52 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.09. The business has a fifty day simple moving average of $49.90 and a two-hundred day simple moving average of $49.19.

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.