Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Boosted by Hurlow Wealth Management Group Inc.

Hurlow Wealth Management Group Inc. increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,692 shares of the company’s stock after purchasing an additional 7,615 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 2.0% of Hurlow Wealth Management Group Inc.’s portfolio, making the stock its 15th largest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,753,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Vanguard Tax-Exempt Bond ETF by 19.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after purchasing an additional 11,344,416 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.2% in the fourth quarter. Creative Planning now owns 24,754,352 shares of the company’s stock valued at $1,263,710,000 after purchasing an additional 3,258,212 shares during the period. TIAA Trust National Association raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 42.2% during the fourth quarter. TIAA Trust National Association now owns 10,933,323 shares of the company’s stock valued at $558,146,000 after buying an additional 3,246,104 shares during the last quarter. Sei Investments Co. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 19.7% during the fourth quarter. Sei Investments Co. now owns 11,046,583 shares of the company’s stock worth $563,929,000 after buying an additional 1,820,365 shares during the period. Finally, Cerity Partners LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 82.8% in the 4th quarter. Cerity Partners LLC now owns 2,882,536 shares of the company’s stock worth $147,154,000 after buying an additional 1,305,680 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2 %

Vanguard Tax-Exempt Bond ETF stock traded up $0.12 during mid-day trading on Thursday, hitting $50.27. 2,749,564 shares of the company’s stock traded hands, compared to its average volume of 4,156,474. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The firm has a 50 day moving average price of $50.04 and a 200 day moving average price of $50.42.

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.