IFP Advisors Inc Increases Stake in Vanguard Tax-Exempt Bond ETF $VTEB

IFP Advisors Inc increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 114,008 shares of the company’s stock after purchasing an additional 17,163 shares during the period. IFP Advisors Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,733,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 1,681.1% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock worth $29,747,000 after buying an additional 560,755 shares during the period. New York Life Investment Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 15.1% during the 3rd quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after buying an additional 112,023 shares during the period. Chesley Taft & Associates LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 18.4% during the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after acquiring an additional 23,425 shares in the last quarter. Compound Planning Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 16.2% during the 3rd quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after acquiring an additional 46,505 shares in the last quarter. Finally, Bear Mountain Capital Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 418.3% during the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock worth $5,190,000 after acquiring an additional 82,764 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

NYSEARCA VTEB opened at $49.80 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The firm has a 50 day moving average of $50.14 and a two-hundred day moving average of $50.37.

Vanguard Tax-Exempt Bond ETF 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.