Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by CX Institutional

CX Institutional lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 463,676 shares of the company’s stock after purchasing an additional 86,391 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 0.9% of CX Institutional’s investment portfolio, making the stock its 26th largest holding. CX Institutional owned 0.07% of Vanguard Tax-Exempt Bond ETF worth $23,244,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Sanctuary Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $71,067,000. Charles Schwab Investment Management Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after buying an additional 818,486 shares during the period. Creative Planning boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Finally, Astoria Strategic Wealth Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $49.93 on Friday. The company has a 50-day moving average of $50.36 and a 200-day moving average of $50.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

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.