Cape Cod Five Cents Savings Bank Lowers Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cape Cod Five Cents Savings Bank reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.1% in the third quarter, Holdings Channel.com reports. The firm owned 20,466 shares of the company’s stock after selling 1,328 shares during the quarter. Cape Cod Five Cents Savings Bank’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,026,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of VTEB. TIAA Trust National Association grew its position in Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after acquiring an additional 2,441,163 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $71,067,000. Charles Schwab Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after buying an additional 796,659 shares during the last quarter. Finally, Koss Olinger Consulting LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $33,945,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $51.08 on Monday. The business has a 50-day moving average of $50.64 and a 200 day moving average of $50.54. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.54 and a 1-year high of $51.17.

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.