Private Client Services LLC reduced its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 11.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,070 shares of the company’s stock after selling 1,689 shares during the quarter. Private Client Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $649,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in VTEB. Cullen Frost Bankers Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock valued at $23,585,000 after acquiring an additional 108,101 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 42.5% during the fourth quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after acquiring an additional 1,044,587 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Vanguard Tax-Exempt Bond ETF by 12.0% in the fourth quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after purchasing an additional 1,116 shares during the period. Hill Island Financial LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1,061.7% in the fourth quarter. Hill Island Financial LLC now owns 63,418 shares of the company’s stock worth $3,179,000 after purchasing an additional 57,959 shares during the period. Finally, Accredited Investors Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 57.7% in the fourth quarter. Accredited Investors Inc. now owns 8,333 shares of the company’s stock valued at $418,000 after purchasing an additional 3,049 shares in the last quarter.
Vanguard Tax-Exempt Bond ETF Trading Up 0.1%
Shares of NYSEARCA VTEB opened at $48.88 on Friday. The firm’s 50-day moving average price is $48.91 and its 200-day moving average price is $49.79. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17.
Vanguard Tax-Exempt Bond ETF Company 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.
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