Forum Financial Management LP Boosts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Forum Financial Management LP raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 105.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,682 shares of the company’s stock after purchasing an additional 5,482 shares during the quarter. Forum Financial Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $546,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VTEB. Charles Schwab Investment Advisory Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after buying an additional 1,333,540 shares in the last quarter. Creative Planning boosted its position in Vanguard Tax-Exempt Bond ETF by 3.2% during the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after purchasing an additional 796,659 shares during the period. Raymond James & Associates boosted its position in Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares during the period. TIAA Trust National Association increased its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% in the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after purchasing an additional 2,441,163 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after purchasing an additional 502,858 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.41 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.04 and a 12 month high of $51.17. The stock’s 50-day moving average is $50.77 and its two-hundred day moving average is $50.43.

Vanguard Tax-Exempt Bond ETF 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.