Cornerstone Wealth Management LLC Purchases 3,239 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cornerstone Wealth Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,019 shares of the company’s stock after purchasing an additional 3,239 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Curbstone Financial Management Corp lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.0% during the first quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock worth $529,000 after acquiring an additional 200 shares in the last quarter. Perennial Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the 1st quarter. Perennial Advisors LLC now owns 30,568 shares of the company’s stock valued at $1,547,000 after purchasing an additional 204 shares in the last quarter. TriaGen Wealth Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.0% in the 4th quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock valued at $1,078,000 after purchasing an additional 206 shares during the period. Vicus Capital grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.3% in the 1st quarter. Vicus Capital now owns 60,058 shares of the company’s stock valued at $3,039,000 after purchasing an additional 206 shares during the period. Finally, RMR Wealth Builders increased its stake in Vanguard Tax-Exempt Bond ETF by 2.7% during the 1st quarter. RMR Wealth Builders now owns 9,013 shares of the company’s stock worth $456,000 after purchasing an additional 235 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB traded up $0.09 during trading on Thursday, reaching $50.16. The company had a trading volume of 2,498,238 shares, compared to its average volume of 4,146,508. The business’s fifty day moving average price is $50.05 and its 200 day moving average price is $50.40. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15.

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.