Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Twele Capital Management Inc.

Twele Capital Management Inc. cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 32.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,482 shares of the company’s stock after selling 11,166 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 0.2% of Twele Capital Management Inc.’s portfolio, making the stock its 24th biggest holding. Twele Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,176,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after acquiring an additional 30,774,028 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,166,659 shares of the company’s stock worth $1,724,221,000 after acquiring an additional 669,274 shares during the last quarter. Creative Planning grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.7% in the second quarter. Creative Planning now owns 26,851,781 shares of the company’s stock valued at $1,316,543,000 after purchasing an additional 702,763 shares during the period. Raymond James Financial Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% in the second quarter. Raymond James Financial Inc. now owns 21,831,076 shares of the company’s stock valued at $1,070,378,000 after purchasing an additional 141,078 shares during the period. Finally, Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 30.6% during the second quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after purchasing an additional 3,094,388 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA:VTEB opened at $50.23 on Friday. The firm’s 50 day moving average is $50.36 and its two-hundred day moving average is $49.62. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68.

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.