MGO Private Wealth LLC Raises Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

MGO Private Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 43,321 shares of the company’s stock after acquiring an additional 8,828 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.4% of MGO Private Wealth LLC’s holdings, making the stock its 17th biggest holding. MGO Private Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,192,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Fifth Third Securities Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.8% during the 1st quarter. Fifth Third Securities Inc. now owns 46,699 shares of the company’s stock worth $2,363,000 after acquiring an additional 6,029 shares during the period. Scott Capital Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 15.6% in the 1st quarter. Scott Capital Advisors LLC now owns 10,177 shares of the company’s stock worth $510,000 after buying an additional 1,372 shares during the period. SteelPeak Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 63.4% in the 1st quarter. SteelPeak Wealth LLC now owns 69,707 shares of the company’s stock worth $3,527,000 after acquiring an additional 27,056 shares in the last quarter. Breakwater Capital Group boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.2% during the first quarter. Breakwater Capital Group now owns 47,162 shares of the company’s stock worth $2,386,000 after acquiring an additional 540 shares in the last quarter. Finally, AMI Investment Management Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the first quarter. AMI Investment Management Inc. now owns 150,415 shares of the company’s stock valued at $7,611,000 after purchasing an additional 5,852 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock traded down $0.20 during trading on Monday, hitting $49.91. 4,194,285 shares of the stock traded hands, compared to its average volume of 4,150,642. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15. The firm’s 50 day moving average is $50.04 and its two-hundred day moving average is $50.42.

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.