Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Wealth Alliance

Wealth Alliance grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 70,147 shares of the company’s stock after purchasing an additional 4,469 shares during the quarter. Wealth Alliance’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after buying an additional 1,333,540 shares during the last quarter. Creative Planning raised its holdings 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 worth $1,263,710,000 after purchasing an additional 3,258,212 shares in the last quarter. Raymond James & Associates raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.5% during the second quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after purchasing an additional 255,949 shares in the last quarter. TIAA Trust National Association raised its holdings 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 worth $693,044,000 after purchasing an additional 2,441,163 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Vanguard Tax-Exempt Bond ETF by 6.1% during the fourth quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock worth $598,335,000 after purchasing an additional 672,087 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $51.11 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15. The stock’s 50 day moving average price is $50.67 and its 200 day moving average price is $50.35.

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.