Drive Wealth Management LLC Raises Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Drive Wealth Management LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,402 shares of the company’s stock after buying an additional 432 shares during the quarter. Drive Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,674,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Bogart Wealth LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after acquiring an additional 559 shares during the period. Rise Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after acquiring an additional 648 shares during the period. Finally, Marquette Asset Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $59,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

NYSEARCA VTEB opened at $50.00 on Monday. The business has a 50-day moving average price of $50.34 and a 200-day moving average price of $50.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF 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.