Linscomb Wealth Inc. Purchases 7,531 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Linscomb Wealth Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,771 shares of the company’s stock after purchasing an additional 7,531 shares during the period. Linscomb Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,043,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VTEB. Creative Planning grew its stake in Vanguard Tax-Exempt Bond ETF by 15.2% during the fourth quarter. Creative Planning now owns 24,754,352 shares of the company’s stock valued at $1,263,710,000 after acquiring an additional 3,258,212 shares in the last quarter. TIAA Trust National Association grew its stake 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 in the last quarter. Sei Investments Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 19.7% during the fourth quarter. Sei Investments Co. now owns 11,046,583 shares of the company’s stock valued at $563,929,000 after acquiring an additional 1,820,365 shares in the last quarter. Jane Street Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at $82,895,000. Finally, Simplicity Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $72,568,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.98 on Thursday. The company’s 50-day moving average price is $50.61 and its 200-day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15.

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.