Topsail Wealth Management LLC Acquires 11,107 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Topsail Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,105,980 shares of the company’s stock after purchasing an additional 11,107 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 8.1% of Topsail Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Topsail Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $55,620,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTEB. Allen Capital Group LLC grew its position in Vanguard Tax-Exempt Bond ETF by 178.5% during the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock worth $1,270,000 after buying an additional 16,255 shares in the last quarter. First Citizens Bank & Trust Co. grew its position in Vanguard Tax-Exempt Bond ETF by 1,681.1% during the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock worth $29,747,000 after buying an additional 560,755 shares in the last quarter. New York Life Investment Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after buying an additional 112,023 shares in the last quarter. Compound Planning Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after buying an additional 46,505 shares in the last quarter. Finally, Chesley Taft & Associates LLC grew its position in Vanguard Tax-Exempt Bond ETF by 18.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after buying an additional 23,425 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.12 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The business’s 50-day simple moving average is $50.22 and its 200 day simple moving average is $50.39.

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.