Valeo Financial Advisors LLC Raises Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Valeo Financial Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 171.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 152,710 shares of the company’s stock after purchasing an additional 96,553 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,807,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TIAA Trust National Association increased its stake in Vanguard Tax-Exempt Bond ETF by 21.4% in the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after purchasing an additional 2,441,163 shares during the period. Jane Street Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter worth about $82,895,000. Sanctuary Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $71,067,000. Charles Schwab Investment Advisory Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after purchasing an additional 1,333,540 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.69 on Friday. The business has a 50 day simple moving average of $50.85 and a 200-day simple moving average of $50.39. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17.

About Vanguard Tax-Exempt Bond ETF

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.