Apella Capital LLC Raises Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Apella Capital LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 524,949 shares of the company’s stock after buying an additional 20,755 shares during the quarter. Apella Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $24,704,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTEB. Wealthfront Advisers LLC increased its position in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after buying an additional 760,249 shares in the last quarter. Sei Investments Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after acquiring an additional 594,110 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the fourth quarter. Franklin Resources Inc. now owns 6,272,115 shares of the company’s stock valued at $315,425,000 after acquiring an additional 188,310 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB traded down $0.03 during trading hours on Thursday, reaching $47.03. The stock had a trading volume of 19,906,904 shares, compared to its average volume of 10,580,203. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.87 and a 12 month high of $51.18. The firm has a 50-day simple moving average of $48.78 and a 200 day simple moving average of $49.69.

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.