Fort Point Capital Partners LLC Has $52.41 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Fort Point Capital Partners LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 54.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,035,648 shares of the company’s stock after purchasing an additional 363,519 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 6.0% of Fort Point Capital Partners LLC’s investment portfolio, making the stock its 3rd biggest position. Fort Point Capital Partners LLC owned approximately 0.12% of Vanguard Tax-Exempt Bond ETF worth $52,414,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rothschild Investment LLC grew its position in Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares in the last quarter. JPL Wealth Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $25,000. United Financial Planning Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $37,000. Finally, Ransom Advisory Ltd bought a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEB stock opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18. The company has a 50-day simple moving average of $50.20 and a two-hundred day simple moving average of $50.35.

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.