Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Vannoy Advisory Group Inc.

Vannoy Advisory Group Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.8% in the third quarter, HoldingsChannel reports. The fund owned 163,369 shares of the company’s stock after buying an additional 43,905 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 4.5% of Vannoy Advisory Group Inc.’s portfolio, making the stock its 7th biggest holding. Vannoy Advisory Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,737,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after buying an additional 760,249 shares during the period. Sei Investments Co. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after acquiring an additional 594,110 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after acquiring an additional 450,334 shares during the last quarter. Finally, Corient Private Wealth LP raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the second quarter. Corient Private Wealth LP now owns 4,537,521 shares of the company’s stock worth $229,508,000 after acquiring an additional 54,932 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded up $0.15 during trading on Tuesday, reaching $47.53. 19,574,228 shares of the stock traded hands, compared to its average volume of 10,950,009. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18. The stock’s 50-day simple moving average is $48.65 and its two-hundred day simple moving average is $49.63.

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.