Vanguard Tax-Exempt Bond ETF $VTEB Shares Newly Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 46,685 shares of the company’s stock, valued at approximately $2,211,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares in the last quarter. Sei Investments Co. raised its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after buying an additional 659,339 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after buying an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF by 7.4% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after buying an additional 473,743 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after buying an additional 450,334 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $48.51 on Friday. The stock’s fifty day simple moving average is $48.33 and its two-hundred day simple moving average is $49.52. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year high of $51.18.

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.