Element Pointe Advisors LLC Purchases 11,071 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Element Pointe Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 110,086 shares of the company’s stock after purchasing an additional 11,071 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 0.7% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Element Pointe Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after buying an additional 760,249 shares in the last quarter. Sei Investments Co. raised its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after buying an additional 659,339 shares during the last quarter. Bank of America Corp DE lifted its stake in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after acquiring an additional 594,110 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.4% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after acquiring an additional 473,743 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after acquiring an additional 450,334 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA:VTEB opened at $48.01 on Thursday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $46.87 and a twelve month high of $51.18. The business has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $49.54.

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.