Financial Architects LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Architects LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,580 shares of the company’s stock after acquiring an additional 1,235 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.9% of Financial Architects LLC’s investment portfolio, making the stock its 14th biggest holding. Financial Architects LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,410,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. LRI Investments LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $172,000. Claro Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $393,000. Glassy Mountain Advisors Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% in the 2nd quarter. Glassy Mountain Advisors Inc. now owns 38,341 shares of the company’s stock valued at $1,921,000 after acquiring an additional 2,017 shares during the last quarter. Calton & Associates Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 6.1% in the 2nd quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after acquiring an additional 337 shares during the last quarter. Finally, Souders Financial Advisors raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after acquiring an additional 2,095 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

VTEB stock opened at $50.27 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17. The firm has a 50-day moving average of $50.83 and a two-hundred day moving average of $50.41.

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.