Focus Partners Wealth Grows Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Focus Partners Wealth raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 103.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,093,931 shares of the company’s stock after acquiring an additional 555,828 shares during the quarter. Focus Partners Wealth’s holdings in Vanguard Tax-Exempt Bond ETF were worth $55,014,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VTEB. Chesley Taft & Associates LLC increased its position in shares of 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 valued at $7,584,000 after buying an additional 23,425 shares during the period. Compound Planning Inc. increased its position in shares of 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 valued at $16,683,000 after buying an additional 46,505 shares during the period. Bear Mountain Capital Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 418.3% during the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after buying an additional 82,764 shares during the period. Betterment LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares during the period. Finally, Apella Capital LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 11.5% during the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after buying an additional 44,649 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of NYSEARCA VTEB opened at $50.35 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18. The company’s 50-day moving average is $50.21 and its 200 day moving average is $50.35.

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.