Vanguard Tax-Exempt Bond ETF $VTEB Stock: Financial Planning Navigators CORP Decreases Stake

Financial Planning Navigators CORP lessened its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 41.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,636 shares of the company’s stock after selling 53,926 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.3% of Financial Planning Navigators CORP’s portfolio, making the stock its 13th biggest position. Financial Planning Navigators CORP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,629,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares in the last quarter. Sei Investments Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after acquiring an additional 594,110 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after acquiring an additional 450,334 shares in the last quarter. Finally, Corient Private Wealth LP grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the 2nd quarter. Corient Private Wealth LP now owns 4,537,521 shares of the company’s stock worth $229,508,000 after acquiring an additional 54,932 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded down $0.04 during midday trading on Wednesday, reaching $47.61. The company’s stock had a trading volume of 27,705,600 shares, compared to its average volume of 11,232,684. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18. The stock has a 50 day simple moving average of $48.61 and a 200-day simple moving average of $49.62.

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.