Annapolis Financial Services LLC Grows Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Annapolis Financial Services LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 29,489 shares of the company’s stock after purchasing an additional 985 shares during the quarter. Annapolis Financial Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,492,000 as of its most recent SEC filing.

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

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock traded down $0.16 during mid-day trading on Friday, hitting $50.11. 3,389,839 shares of the company were exchanged, compared to its average volume of 4,150,291. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The firm has a fifty day simple moving average of $50.04 and a 200 day simple moving average 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.