McNaughton Wealth Management LLC Acquires 1,678 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

McNaughton Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 73,484 shares of the company’s stock after purchasing an additional 1,678 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.1% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. McNaughton Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,718,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VTEB. Beacon Wealthcare LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 5.2% during the first quarter. Beacon Wealthcare LLC now owns 105,105 shares of the company’s stock valued at $5,318,000 after acquiring an additional 5,210 shares during the last quarter. CGN Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 105.6% during the first quarter. CGN Advisors LLC now owns 162,828 shares of the company’s stock valued at $8,239,000 after acquiring an additional 83,615 shares during the last quarter. Roth Financial Partners LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 12.2% during the first quarter. Roth Financial Partners LLC now owns 243,259 shares of the company’s stock valued at $12,309,000 after acquiring an additional 26,415 shares during the last quarter. Lane & Associates LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 0.9% during the first quarter. Lane & Associates LLC now owns 31,239 shares of the company’s stock valued at $1,581,000 after acquiring an additional 279 shares during the last quarter. Finally, Steph & Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the first quarter. Steph & Co. now owns 77,805 shares of the company’s stock valued at $3,937,000 after acquiring an additional 525 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB remained flat at $50.28 during trading on Tuesday. 220,588 shares of the company’s stock were exchanged, compared to its average volume of 4,154,114. The company has a 50 day simple moving average of $50.02 and a 200-day simple moving average of $50.42. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15.

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.