Valmark Advisers Inc. Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Valmark Advisers Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,439 shares of the company’s stock after buying an additional 10,169 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,233,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of VTEB. JPMorgan Chase & Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 39.8% during the second quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock worth $5,297,618,000 after acquiring an additional 30,774,028 shares during the period. Corient Private Wealth LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after purchasing an additional 3,458,654 shares during the period. Sei Investments Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 30.6% during the 2nd quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock valued at $647,430,000 after purchasing an additional 3,094,388 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 4,903.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,984,861 shares of the company’s stock worth $97,318,000 after purchasing an additional 1,945,188 shares during the period. Finally, Evergreen Capital Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $36,553,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.58 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68. The firm has a 50-day moving average of $50.33 and a 200 day moving average of $49.74.

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.