IF Advisors LLC Acquires New Stake in Vanguard Tax-Exempt Bond ETF $VTEB

IF Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,000 shares of the company’s stock, valued at approximately $805,000. Vanguard Tax-Exempt Bond ETF comprises 0.7% of IF Advisors LLC’s portfolio, making the stock its 27th biggest holding.

A number of other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Tax-Exempt Bond ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock valued at $1,843,204,000 after acquiring an additional 903,850 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after acquiring an additional 1,889,400 shares during the last quarter. Raymond James Financial Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after acquiring an additional 386,204 shares during the last quarter. TIAA Trust National Association increased its position in Vanguard Tax-Exempt Bond ETF by 14.4% during the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after acquiring an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock valued at $693,922,000 after acquiring an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The stock has a fifty day moving average of $50.10 and a 200 day moving average of $50.35.

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.