Whalen Wealth Management Inc. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Whalen Wealth Management Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, HoldingsChannel reports. The fund purchased 4,945 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Merkkuri Wealth Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after purchasing an additional 202 shares in the last quarter. Cypress Wealth Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after acquiring an additional 223 shares in the last quarter. Magnus Financial Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.0% during the third quarter. Magnus Financial Group LLC now owns 11,979 shares of the company’s stock valued at $612,000 after acquiring an additional 234 shares in the last quarter. Beta Wealth Group Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the 3rd quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after purchasing an additional 234 shares during the last quarter. Finally, Columbus Macro LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.9% in the 3rd quarter. Columbus Macro LLC now owns 26,803 shares of the company’s stock worth $1,359,000 after purchasing an additional 237 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.03 on Thursday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm has a 50-day simple moving average of $50.36 and a two-hundred day simple moving average of $50.56.

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.