Baron Silver Stevens Financial Advisors LLC Acquires 11,651 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Baron Silver Stevens Financial Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 195,742 shares of the company’s stock after buying an additional 11,651 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 1.4% of Baron Silver Stevens Financial Advisors LLC’s investment portfolio, making the stock its 20th largest position. Baron Silver Stevens Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after purchasing an additional 580,997 shares during the period. Wealthfront Advisers LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.5% in the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after purchasing an additional 1,889,400 shares during the period. Raymond James Financial Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after purchasing an additional 386,204 shares during the period. TIAA Trust National Association lifted 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 purchasing an additional 1,799,750 shares in the last quarter. Finally, Sei Investments Co. lifted 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 purchasing an additional 654,293 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

NYSEARCA VTEB opened at $49.80 on Thursday. The business’s fifty day moving average is $50.14 and its 200 day moving average is $50.37. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18.

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.