Core Wealth Advisors Inc. Has $2.54 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Core Wealth Advisors Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 50,773 shares of the company’s stock after acquiring an additional 7,934 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.9% of Core Wealth Advisors Inc.’s portfolio, making the stock its 19th biggest position. Core Wealth Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTEB. Naples Money Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $34,000. Verus Capital Partners LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $36,000. Trust Co. of Vermont bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $37,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $41,000. Finally, Vermillion & White Wealth Management Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $47,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

Shares of VTEB stock opened at $51.15 on Friday. The stock’s fifty day simple moving average is $50.76 and its 200 day simple moving average is $50.37. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.17.

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.