Wheelhouse Advisory Group LLC Makes New $1.67 Million Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wheelhouse Advisory Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 32,776 shares of the company’s stock, valued at approximately $1,673,000. Vanguard Tax-Exempt Bond ETF comprises approximately 1.5% of Wheelhouse Advisory Group LLC’s portfolio, making the stock its 12th biggest holding.

Several other large investors have also modified their holdings of VTEB. JPMorgan Chase & Co. grew its position in Vanguard Tax-Exempt Bond ETF by 19.0% during the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after acquiring an additional 11,344,416 shares during the period. Moneta Group Investment Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 127,360.0% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 41,012,811 shares of the company’s stock worth $2,029,724,000 after purchasing an additional 40,980,634 shares in the last quarter. Creative Planning raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after buying an additional 1,742,080 shares during the period. Raymond James & Associates grew its stake in Vanguard Tax-Exempt Bond ETF by 1.6% during the fourth quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after buying an additional 267,300 shares during the period. Finally, FMR LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 10.7% in the 3rd quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after purchasing an additional 1,498,184 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of VTEB traded up $0.06 during midday trading on Friday, reaching $50.00. 1,715,640 shares of the company were exchanged, compared to its average volume of 4,161,008. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.15. The stock has a 50-day moving average price of $50.48 and a 200-day moving average price of $49.90.

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.