First Citizens Bank & Trust Co. Acquires 2,523 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

First Citizens Bank & Trust Co. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.2% during the second quarter, HoldingsChannel.com reports. The fund owned 33,356 shares of the company’s stock after purchasing an additional 2,523 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,635,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after acquiring an additional 7,552 shares during the last quarter. Sowell Financial Services LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $211,000. Vanguard Group Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after acquiring an additional 270,058 shares during the last quarter. AE Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 8.7% in the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after acquiring an additional 897 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 20.0% in the first quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock valued at $734,000 after acquiring an additional 2,471 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.54 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09. The business’s 50-day moving average price is $49.77 and its two-hundred day moving average price is $49.12.

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.