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HB Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 40.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,611 shares of the company's stock after acquiring an additional 13,980 shares
Holding a popular bond ETF in a taxable brokerage account could be quietly draining far more from your retirement portfolio than you realize, and most retirees with a classic 60/40 allocation never see it coming.
Washington quietly chips away at Social Security through taxes and Medicare premiums before retirees ever see the money, but four ETFs attack that cash-flow problem from four completely different directions.
Vanguard Tax-Exempt Bond ETF (VTEB) edges out iShares National Muni Bond ETF (MUB) as the preferred broad municipal bond ETF for high-tax-bracket investors. VTEB offers broader diversification, a slightly better expense ratio (0.03% vs. 0.05%), and a modest historical performance advantage over MUB. Tax-equivalent yields make VTEB especially attractive for investors in higher tax brackets, but suitability depends on individual tax situations and account types.
If you own the iShares National Muni Bond ETF (NYSEARCA:MUB), you likely bought it for one reason: federally tax-exempt income at a rock-bottom price.
You cross the $109,000 modified adjusted gross income line by just one dollar as a single filer, and Medicare hands you a bill your neighbor at $108,999 never sees.
Four decades of payroll deductions did not buy you a tax-free retirement, and the IRS has a formula that quietly erodes up to 85% of your Social Security check. Three ETFs can legally rewrite that outcome.
Apella Capital LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 504,194 shares of the company's stock after acquiring an additional 26,249 shares during the quarter.