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

Sequoia Financial Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,846,369 shares of the company’s stock after buying an additional 140,834 shares during the quarter. Sequoia Financial Advisors LLC owned 0.22% of Vanguard Tax-Exempt Bond ETF worth $92,115,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Chesley Taft & Associates LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 18.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after purchasing an additional 23,425 shares in the last quarter. Bear Mountain Capital Inc. raised its position in 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 in the last quarter. Apella Capital LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.5% in the 4th quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after purchasing an additional 44,649 shares in the last quarter. Betterment LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after acquiring an additional 6,090,513 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock valued at $281,599,000 after acquiring an additional 232,640 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB traded up $0.05 during mid-day trading on Friday, hitting $50.34. The stock had a trading volume of 4,921,566 shares, compared to its average volume of 7,601,897. The company has a 50 day simple moving average of $50.27 and a 200 day simple moving average of $50.37. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week 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.