Texas Capital Bank Wealth Management Services Inc Purchases 683,125 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Texas Capital Bank Wealth Management Services Inc raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 279.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 928,015 shares of the company’s stock after purchasing an additional 683,125 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 2.7% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 5th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $46,670,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. New York Life Investment Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 15.1% during the 3rd quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after purchasing an additional 112,023 shares during the period. Chesley Taft & Associates LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 18.4% during the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after purchasing an additional 23,425 shares during the period. Compound Planning Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 16.2% in the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after acquiring an additional 46,505 shares during the last quarter. Bear Mountain Capital Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 418.3% in the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock worth $5,190,000 after acquiring an additional 82,764 shares during the last quarter. Finally, Betterment LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after acquiring an additional 6,090,513 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.21 on Thursday. The stock has a fifty day moving average price of $50.10 and a 200 day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.

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.