Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 414,386 shares of the company’s stock after purchasing an additional 34,282 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $19,625,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arlington Trust Co LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $38,000. Farmers & Merchants Investments Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $40,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth $49,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $50,000. Finally, Asset Dedication LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at $51,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3%

Shares of NYSEARCA:VTEB opened at $48.64 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18. The firm has a fifty day moving average price of $48.19 and a 200 day moving average price of $49.68.

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.