SteelPeak Wealth LLC Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

SteelPeak Wealth LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,110 shares of the company’s stock after acquiring an additional 1,989 shares during the period. SteelPeak Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. HB Wealth Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after purchasing an additional 7,552 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $211,000. Millennium Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 75.8% in the fourth quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock valued at $480,000 after acquiring an additional 4,128 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $222,000. Finally, Vanguard Group Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock worth $187,078,000 after acquiring an additional 270,058 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.02 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09. The company’s 50 day moving average is $49.37 and its two-hundred day moving average is $49.04.

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.