Sequoia Financial Advisors LLC Raises Position in Vanguard Tax-Exempt Bond ETF $VTEB

Sequoia Financial Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 12.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,073,127 shares of the company’s stock after acquiring an additional 226,758 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.23% of Vanguard Tax-Exempt Bond ETF worth $104,859,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fort Point Capital Partners LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 54.1% in the 4th quarter. Fort Point Capital Partners LLC now owns 1,035,648 shares of the company’s stock worth $52,414,000 after acquiring an additional 363,519 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $1,487,000. Argos Wealth Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $2,160,000. Topsail Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.0% during the fourth quarter. Topsail Wealth Management LLC now owns 1,105,980 shares of the company’s stock worth $55,620,000 after acquiring an additional 11,107 shares in the last quarter. Finally, SmartHarvest Portfolios LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $1,372,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.5%

Shares of NYSEARCA VTEB opened at $48.61 on Thursday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.59 and a fifty-two week high of $51.18. The company has a 50 day simple moving average of $49.71 and a two-hundred day simple moving average of $50.09.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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