Investment Firms Boost Stakes in Tax-Free Bond Fund

In the investment world, some big players have been busy buying more shares of the Vanguard Tax-Exempt Bond ETF, known as VTEB.

Key Moves by Major Investors

• Dakota Wealth Management
• Increased holdings by 5.7% in Q2
• Added 338 shares

• Total investment value: $307,000

• Sowell Financial Services

• Bought a new position worth $211,000 in Q2

• Millennium Management
• Boosted stake by 75.8% in Q4

• Current value of shares: $480,000

• Kingswood Wealth Advisors

• Purchased new position worth $222,000

• AE Wealth Management
• Purchased new position worth $553,000

About VTEB

• Type: Tax-free income ETF
• Investments: High-quality bonds issued by state and local governments
• Inception: 2015
• Managed by: Vanguard

Recent Performance

• Current Price: $49.98 (as of Monday)
• 52-Week Range: Low of $47.02, High of $51.17
• Average Prices:
• Last 50 days: $49.19
• Last 200 days: $49.03

Investor Considerations

• Popular for: Steady, tax-free returns
• Risk: All investments come with some level of risk
• Recent Activity: Shows confidence from major players
• Advice: Always do your own research before investing